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Nikkei falls 1% after soft factory order data

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The Japanese share market finished softer on Thursday, 08 October 2015, snapping six-day winning streak, with sentiment dampened by data showing Japan's machinery orders- a key indicator of the economy's strength- fell for a third straight month in August. But losses were limited with a growing proportion of market observers betting the BOJ will additionally ease its monetary policy at its next decision-making meeting on Oct. 30. Total 24 out of 33 TSE first-section sector sub-indexes weighed down, with decliners were led by Air Transportation, Retail Trade, Pharmaceutical, Foods, Agriculture & Forestry, and Precision Instruments issues. The Nikkei Stock Average tumbled 181.81 points, or 1%, to end at 18141.17 points, meanwhile the broader Topix index shrank 0.8%, or 11.77 points, to 1481.40 at the close.

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First Published: Oct 08 2015 | 3:12 PM IST

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