Telecom stocks drag down Japan Market after Abe Comments

The Japanese share market closed down on Monday, 14 September 2015, as risk aversion selloff flared on caution ahead of the policy meetings of the BOJ and US Federal Reserve's monetary policy meeting this week. Total 31 out of Topix's 33 industry groups declined, with information & communication and mining issues led losses. The Nikkei Stock Average declined 298.52 points, or 1.63%, to end at 17965.70 points. The broader Topix index dropped 1.2%, or 17.82 point, to 1462.41 at the close in Tokyo.

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