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Nikkei extends losses on yen rise, weak offshore lead

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Capital Market
The Japan share market closed lower for third session in row on Wednesday, 06 September 2017, as investors' risk averse mood continued amid soft lead from Wall Street overnight, yen appreciation against dollar and lingering concerns over the Korean Peninsular. However, market losses were marginal on hopes the central bank here will buy more exchange-traded funds (ETFs). Among TSE sectors, securities and bank-linked issues comprised the day's biggest decliners, whereas services, and fishery, agriculture and forestry stocks were among those that gained the most by the close of play. At the close, the 225-issue Nikkei Stock Average dropped 27.84 points, or 0.14%, to 19,357.97. The broader Topix index of all First Section issues on the Tokyo Stock Exchange ended up 1.29 points, or 0.08%, at 1,592.

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First Published: Sep 06 2017 | 5:08 PM IST

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