Japan market hits six weeks low

The Japanese share market tumbled to six weeks low on Monday, 14 December 2015, as risk sentiments remain under pressure due to a sliding crude oil and iron ore price, yen appreciation against the dollar, and an impending US interest rate decision. Total 32 out of 33 TSE industry groups decent, with the day's notable losers comprised Mining, Securities & Commodities Futures, Oil & Coal Products, Machinery, Nonferrous Metals, Iron & Steel, and Insurance issues. The 225-issue Nikkei Stock Average tanked 347.06 points, or 1.8%, to 18883.42, a lowest level not seen since November 2, 2015, when it closed at 18683.24. The Topix index of all Tokyo Stock Exchange First Section issues dropped 21.63 points, or 1.4%, to 1527.88.

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