Shares drop on global growth concerns, stronger yen

Japanese share market finished the session sharply lower on Wednesday, 08 October 2014, as risk aversion selloff across the board, hit by a yen appreciation against major currencies and the International Monetary Fund's decision to cut its economic growth forecast for the country and the global economy. The Nikkei 225 index lost 1.2%, or 187.85 points, to finish at 15595.98, while the broader Topix index of all first-section shares fell 1.24%, or 16.04 points, to 1274.85.

Powered by Capital Market - Live News