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Nikkei slips 2.71%

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Capital Market
Japan share market declined for sixth straight sessions on Tuesday, 12 January 2016, as risk aversion selloff triggered amid concerns about China's economic slowdown and increased geopolitical tensions in the Middle East and around North Korea. Meanwhile, appreciation of yen against the basket of major currencies also weighed down investors sentiments. All 33 TOPIX sectors recorded losses, with Mining, Oil & Coal Products, Marine Transportation, Nonferrous Metals, Iron & Steel, and Banks issues being major losers. The 225-issue Nikkei Stock Average ended 479 points, or 2.71%, lower at 17218.96 after a market holiday on Monday. The Topix index of all Tokyo Stock Exchange First Section issues lost 45.37 points, or 3.13%, to 1401.95.

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First Published: Jan 12 2016 | 3:53 PM IST

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