Japan share market ended sharply lower on Monday, 18 January 2016, extending last week's global rout on following drop in offshore markets on last Friday, worries about tumbling oil prices and the slowing Chinese economy. Meanwhile, appreciation of yen against the basket of major currencies accelerated the sell-off. Total 30 out of 33 TOPIX sectors recorded losses, with Information & Communication, Real Estate, Iron & Steel, Securities & Commodities Futures, Banks, and Mining issues being major losers. The 225-issue Nikkei Stock Average ended 191.54 points, or 1.12%, down at 16955.57. The Topix index of all Tokyo Stock Exchange First Section issues dropped 14.52 points, or 1.04%, to 1387.93.
Powered by Capital Market - Live News