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Nikkei falls as US poll jitters lift yen

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Capital Market
The Japan share market finished the session steep lower on Friday, 04 November 2016, with risk sentiments dragged down by tracking drops in Wall Street overnight and the yen's ascent against greenback. Meanwhile, the likelihood of a tight US presidential race and concerns over the outcome of the Federal Reserve meeting spooked sentiment. Total 31 out of 33 TSE sectoral issues declined, with Transportation Equipment, Insurance, Pharmaceutical, Marine Transportation, Wholesale Trade, Mining, and Construction issues being major losers. The benchmark Nikkei 225 index fell 1.34%, or 229.32 points, to 16,905.36, while the Topix index of all first-section issues was down 1.56%, or 21.40 points, at 1,347.04.

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First Published: Nov 04 2016 | 5:06 PM IST

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