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Nikki falls on disappointment over Trump remarks

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Capital Market
The Japan share market closed down on Thursday, 12 January 2017, dragged down by yen strength against greenback and investor disappointment over U.S. President-elect Donald Trump's failure to clarify his economic policy measures. Investors were disappointed by President-elect Donald Trump's first news conference since the election, as he was light on details about the U.S. economic outlook while stoking uncertainty about the U.S. relationship with countries like Japan. The Nikkei Stock Average fell 229.97 points, or 1.2%, to 19,134.70 following a 63.23-point rise Wednesday. The Topix index of all Tokyo Stock Exchange First Section issues fell 14.99 points, or 0.97%, to 1535.41.

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First Published: Jan 12 2017 | 4:43 PM IST

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