Nikkei falls for third day

The Japan share market declined for third straight session on Wednesday, 27 April 2016, dragged down by yen appreciation against greenback and on caution ahead of policy decisions from the Federal Reserve and Bank of Japan. 21 out of 33 TSE industry sectors were down, with Land Transportation, Electric Appliances, Iron & Steel, Pharmaceutical, Air Transportation, and Real Estate stocks being major losers. The 225-issue Nikkei average declined 62.79 points, or 0.36%, to close at 17290.49. The Topix index of all first-section issues ended down 7.39 points, or 0.53%, at 1384.30.

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