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Stronger yen hits Japan shares

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Capital Market
Japanese share market declined for third consecutive session on Friday, 16 May 2014, dragged lower by tracking a sell-off on Wall Street overnight, the yen's gains against the dollar, and weaker than expected profit forecast from Japan Display. The benchmark Nikkei 225 index lost 1.41% to finish at 14096.59, while the Topix index of all first-section shares was down 1.63% to 1159.07. For the week, the index slipped 0.7% and is now down over 13% this year.

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First Published: May 16 2014 | 4:54 PM IST

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