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Nikkei falls after soft industrial output data

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Capital Market
The Japanese share market declined for second straight session on Monday, 30 November 2015, as profit booking continued after Japan's industrial output marked a narrower gain in October than most market forecasts and lingering concerns over market overheating after the benchmark indices hit fresh 3-month high last week. 30 out of 33 TSE industry group declined, with the day's notable losers comprised Insurance, Marine Transportation, Foods, Pharmaceutical, and Electric Power & Gas issues. The Nikkei 225 index at the Tokyo Stock Exchange ended down 0.7%, or 136.47 points, to 19747.47, while the wider Topix index of all first-section shares declined 0.89%, or 14.20 points, to 1580.25. Falling stocks outnumbered advancing ones on the Tokyo Stock Exchange by 986 to 888.

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First Published: Nov 30 2015 | 5:18 PM IST

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