Nikkei posts biggest weekly fall in 6 months

Fear of slowing global growth trumps over strong US data

Reuters Tokyo
Last Updated : Oct 17 2014 | 12:03 PM IST

Japanese stocks fell on Friday, capping their worst week in six months as investor fears of slowing global growth trumped relief over a set of upbeat data from the United States.

The Nikkei average lost 1.4% to close at 14,532.51. Over the week it has shed 5%.

Exporter shares underperformed, with Toyota Motor Co slipping 2.5% and Panasonic Corp losing 0.9%.

The broader Topix dropped 1.5% to 1,177.22, while the new JPX-Nikkei Index 400 slid 1.6% to 10,712.64.

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First Published: Oct 17 2014 | 11:45 AM IST

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