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Nikkei ends 1.3% lower

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Capital Market
Last Updated : Mar 30 2016 | 10:01 PM IST
Japan share market stumbled on Wednesday, 30 March 2016, dragged down by the yen's appreciation against the U.S. dollar after U.S. Federal Reserve Chair Janet Yellen's dovish remarks on the pace of rate hikes. A sharp drop in Japan's monthly factory output also dented sentiment. All industry categories on the main section closed in negative territory, with marine transportation, bank, and nonferrous metal-linked stocks comprising notable decliners. The 225-issue Nikkei Stock Average ended down 224.57 points, or 1.31%, at 16,878.96. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, finished 21.31 points, or 1.55%, lower at 1,356.29.

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First Published: Mar 30 2016 | 9:49 PM IST

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