Japan Nikkei falls 0.55% on yen ascent

Japan share market finished session down on Tuesday, 29 May 2018, as investor sentiment was dampened amid concerns that new elections in Italy might spark fresh discussion over a break-up of the region's single currency, with strength in the yen weighing on major exporters. Investors largely shrugged off a Japanese government survey showing the jobless rate was flat at 2.5% in April, hovering near the lowest level in 25 years. The 225-issue Nikkei Stock Average lost 122.66 points, or 0.55%, to 22,358.43. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 8.57 points, or 0.48%, to 1,761.85.

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