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Japan Nikkei225 drops as stronger yen hurts exporters

Capital Market 

The Japan share market closed down on Friday, 16 March 2018, as investors appetite for risk dampened after yen appreciated against greenback amid lingering concern over U. S. President Donald Trump's administration and trade policy.

Most of TSE sectors declined, with shares of electric power and gas, precision instrument and electric appliance-oriented issues being notable losers. The 225-issue Nikkei Stock Average ended down 127.44 points, or 0.58%, to 21,676.51. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 6.97 points, or 0.40%, lower at 1,736.63.

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

First Published: Fri, March 16 2018. 17:16 IST