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Japan Stocks fall on geopolitical tensions

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The Japan share market closed down on Tuesday, 11 April 2017, a with investor sentiment subdued by a yen's appreciation against the U.S. dollar and rising geopolitical tensions after North Korea on Tuesday denounced Washington's deployment of a naval strike group to the Korean peninsula, warning it was ready for "war". The deployment comes days after an American cruise missile strike on Syria that was widely interpreted as putting Pyongyang on warning over its refusal to abandon its nuclear ambitions. Uncertainty over France's presidential election this month and the rise of the far right also weighed on sentiment. At the close, the benchmark Nikkei Stock Average fell 0.27 percent, or 50.01 points, to sit at 18,747.87, while the broader Topix index of all first-section issues fell 0.3 percent, or 4.55 points, to 1,495.10.

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First Published: Apr 11 2017 | 5:18 PM IST

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