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Japan Nikkei extends losses on yen firmness, potential auto tariff concerns

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Capital Market
Japan share market finished session down on Thursday, 24 May 2018, as risk aversion selloff triggered by appreciation of Japanese yen against greenback amid growing worries about a global trade war and rekindled geopolitical risks. Among TSE33 issues, transportation equipment, marine transportation and nonferrous metal-linked issues comprised those that declined the most by the close of play. The benchmark 225-issue Nikkei average plunged 252.73 points, or 1.11%, to 22,437.01, the lowest level since May 9. The Topix index of all first-section issues ended down 21.66 points, or 1.21%, at 1,775.65.

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First Published: May 24 2018 | 5:45 PM IST

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