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Japan Nikkei falls as Japan GDP shrinks

Capital Market 

Japan share market finished session down on Wednesday, 16 May 2018, on following a down day for Wall Street overnight after North Korea pulled out of high-level talks with Seoul and as US Treasury yields rose to the highest level in seven years overnight.

Meanwhile, selloff pressure intensified after official data showed that Japan's economy contracted for the first time in two years. The benchmark Nikkei 225 index lost 0.44%, or 100.79 points, to 22,717.23 while the broader Topix index ended down 0.27%, or 4.80 points, at 1,800.35.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, May 16 2018. 14:05 IST
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