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Nikkei extends fall on yen ascent

Capital Market
Japan share market ended down for fourth consecutive session on Friday, 18 March 2016, as yen ascent against the dollar was seen hurting the country's exporters earnings outlook. The US dollar extended its broad slide triggered by Wednesday's Fed statement showing the US central bank would raise rates at a slower pace than its previous forecast. The 225-issue Nikkei average fell 211.57 points, or 1.25%, to end at 16724.81. The Topix index of all first-section issues dropped 13.92 points, or 1.02%, to 1345.05.

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First Published: Mar 18 2016 | 9:15 PM IST

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