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Nikkei extends losing streak on US political woes, Spain terror attack

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Capital Market
The Japan share market finished down for third second session on Friday, 18 August 2017, amid risk aversion selloff on following sharp falls in New York overnight on rising concerns over the fate of US President Donald Trump's economic agenda and fatal terrorist attack in Barcelona, Spain. With the exception of the marine transportation and food sector, all industry categories closed in negative territory, with iron and steel, insurance and nonferrous metal-linked stocks comprising the day's biggest decliners. The Nikkei 225 average fell 232.22 points, or 1.18%, to 19,470.41, its lowest finish since May 2. The Topix, including all first-section issues, closed down 17.46 points, or 1.08%, at 1,597.36. Falling issues far outnumbered rising ones 1,672 to 279 in the TSE's first section, while 72 issues were unchanged. Volume rose to 1.671 billion shares from 1.436 billion shares on Thursday.

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First Published: Aug 18 2017 | 5:09 PM IST

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