The Japan share market declined for second straight session on Wednesday, 06 July 2016, as a fresh bout of anxiety over Brexit risks and yen strength against greenback rattled investors. Meanwhile selloff pressure mounted on caution ahead of important U.S. economic indicators scheduled to be released later this week, including June jobs data due out Friday, as well as the outcome of Japan's upper house election on Sunday. Total 29 out of 33 TSE sectors declined, with Financial Business, Rubber Products, Securities & Commodities Futures, Iron & Steel, Real Estate, Nonferrous Metals, and Banks issues being major losers while Fishery, Agriculture & Forestry, Pulp & Paper, and Foods issues were notable gainers. The 225-issue Nikkei Stock Average dropped 290.34 points, or 1.85%, to 15378.99. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 22.44 points, or 1.79%, to 1234.20.
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