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Japan Nikkei falls on uncertainty in Italy, Wall Street's retreat

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Capital Market
Japan share market finished session down on Wednesday, 30 May 2018, as investor sentiment was sapped by the political crisis in Italy and a consequent rally in safe-haven US Treasury bonds. The market was also affected by the White House's statement Tuesday that a final list of Chinese imports valued at $50 billion to be hit with a 25% tariff will be announced by June 15. Among TSE33 issues, nonferrous metal, insurance, and glass and ceramic product-oriented issues comprised those that declined the most by the close of play. The benchmark Nikkei 225 index lost 1.52%, or 339.91 points, to end at 22,018.52 while the broader Topix index was down 1.46%, or 25.72 points, at 1,736.13.

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First Published: May 30 2018 | 3:50 PM IST

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