Japan share market declined for second consecutive day on Tuesday, 08 July 2014, as investors continued withdrawing profit off the table following Wall Street's declines overnight and as the yen strengthens (dollar currently buying 101.72 yen, down from 102.11 yen a day earlier). But, the market losses capped after fresh data showing the current account surplus was stronger than expected in May. The benchmark Nikkei 225 index finished the session 0.42% down at 15314.41, expanding on the previous session's 0.4% drop. The Topix index of all first-section shares slid 0.33% to 1275.70.
Japan's current account logged a higher-than-expected surplus in May as the trade deficit narrowed, finance ministry data showed on Tuesday. The surplus stood at 522.8 billion yen ($5.14 billion). In April, the surplus stood at 187.4 billion yen.
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