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Nikkei falls 2.43%

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Capital Market
The Japanese share market finished the session down on Tuesday, 08 September 2015, dragged down by yen appreciation against the major currency baskets and mounting concerns about further economic slowdown in world second largest economy after weaker than expected trade data. Investors also reacted to Japan's revised growth numbers released earlier which market experts expects it fail to ease concerns about the state of the nation's economy. Total 29 out of 33 TSE sectors ended down, with losses were led by Pharmaceutical, Foods, Retail Trade, Insurance, Land Transportation, Precision Instruments, Construction, and Electric Power & gas issues. The Nikkei Stock Average declined 433.39 points, or 2.43%, to end at 17427.08 points, its lowest level since 3 February 2015. The broader Topix index tanked 2%, or 28.94 points, to 1416.71 at the close in Tokyo.

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First Published: Sep 08 2015 | 4:58 PM IST

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