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Shares drop on global growth concerns, stronger yen

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Capital Market
Japanese share market finished the session sharply lower on Wednesday, 08 October 2014, as risk aversion selloff across the board, hit by a yen appreciation against major currencies and the International Monetary Fund's decision to cut its economic growth forecast for the country and the global economy. The Nikkei 225 index lost 1.2%, or 187.85 points, to finish at 15595.98, while the broader Topix index of all first-section shares fell 1.24%, or 16.04 points, to 1274.85.

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First Published: Oct 08 2014 | 4:52 PM IST

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