Nikkei falls to 1-month low

Japan share market ended first trading session of the fiscal 2016-17 to a 1-month low on Friday, 1 April 2016, as appetite for risk assets sapped after the Bank of Japan's quarterly corporate survey showed business sentiment among large manufacturers sank to its lowest level in nearly three years. The Nikkei average stumbled 594.51 points, or 3.55%, to finish at 16164.16, its lowest close since March 1. Japan's benchmark index ended the week 4.9% lower. The Topix index closed down 42.24 points, or 3.4%, at 1301.40, with each of its 33 subindexes in negative territory. The index ended the week 4.7% lower.

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