Nikkei falls to five-week low

The Japanese share market declined to lowest level in five weeks on Thursday, 10 December 2015, amid risk aversion selloff triggered by weak lead from Wall Street overnight, yen appreciation against the dollar, and more signs of slowing growth in China. Total 29 out of 33 TSE industry groups declined, with the day's notable losers comprised Rubber Products, Financial Business, Precision Instruments, Retail Trade, Services, and Securities & Commodities Futures issues. The 225-issue Nikkei Stock Average declined 254.52 points, or 1.32%, to 19046.55, the lowest close since November 29, 2015, when benchmark's ended at 18935.71. The Nikkei 225 has slumped 4.8% since closing at a three-month high of 20,012.40 on December 1, 2015. The Topix index of all Tokyo Stock Exchange First Section issues retreated 15.23 points, or 0.98%, to 1540.35.

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