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Nikkei falls for 7th day

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Capital Market
Japan share market ended down after erasing earlier gain on Wednesday, 06 April 2016, as sentiments turning to risk-off on concern about the global economy after the head of the International Monetary Fund sounded downbeat on the outlook for the world economy. Sentiments also hammered after the Japanese prime minister struck a cautious note about government intervention aimed at stemming the yen's rise. Notable decliners at the close of play comprised warehousing and harbour transport services, insurance, fishery, and agriculture and forestry-linked stocks. The 225-issue Nikkei Stock Average ended down 17.46 points, or 0.11%, at 15715.36. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 0.62 points, or 0.05%, lower at 1267.75.

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First Published: Apr 06 2016 | 9:48 PM IST

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