Nikkei falls on eurozone uncertainty

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Capital Market
Last Updated : Dec 05 2016 | 3:47 PM IST
The Japan share market closed session in negative territory on Monday, 05 December 2016, as investors kept to the sidelines after Italian voters' rejected constitutional changes, raising questions over whether Italy will stay in the European Union and keep using the euro. Investors largely shrugged off data released Friday that showed the US unemployment rate at a nine-year low in November, all but guaranteeing an interest rate hike before the end of the year. Total 26 out of 33 TSE industry category on the main section lost ground, with Banks, Real Estate, Services, Construction, Insurance, Air Transportation, Electric Power & Gas, and Mining issues being major losers. The 225-issue Nikkei average lost 151.09 points, or 0.82 percent, to close at 18,274.99. The Topix index of all first-section issues finished down 11.02 points, or 0.75%, at 1,466.96.

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First Published: Dec 05 2016 | 3:21 PM IST

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