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Nikkei falls on US govt shutdown threat, sliding oil

IANS  |  Tokyo 

stocks opened lower Wednesday as concerns over a shutdown, a slump in and concerns that the US may go too far with its rate-hiking policy led to investor consternation.

As of 9:15 am, the 225-issue Nikkei Stock Average dropped 166.53 points, or 0.79 percent, from Tuesday to 20,948.92, reported.

The broader Topix index of all First Section issues on the Stock Exchange, meanwhile, lost 8.90 points, or 0.57 percent, at 1,553.61.

Mining, oil and gas product, and marine transportation-linked issues comprised those that declined the most in the opening minutes after the morning bell.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, December 19 2018. 07:14 IST
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