Nikkei extends losses for fourth day ahead of BOJ meets

Japanese share market finished with losses for fourth straight session on Thursday, 18 June 2015, as the U.S. Federal Reserve signals an interest-rate hike likely to commence this year, and mounting uncertainty over whether the Bank of Japan will add to its easing program on Friday. Barring utilities, all sectors dived into negative terrain, with shares of civil aviation, energy, financials, realty, machinery and industrials players being top losers. The Nikkei Stock Average surrendered 228.45 points, or 1.13%, to end at 19990.82, off the intraday high of 20200.51. The Topix index of all Tokyo Stock Exchange First Section issues tanked 1.04%, or 17.04 points, to close at 1616.66.

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