Business Standard

Nikkei falls on strong yen, sliding oil; up 6.8 pct for week

Image

Reuters TOKYO

TOKYO (Reuters) - Japanese stocks fell on Friday in thin trade as a stronger yen and retreating oil prices sapped risk appetite.

The Nikkei share average ended 1.4 percent lower at 15,967.17, but was still up 6.8 percent for the week after suffering a sizable 11.1 percent decline the previous week.

The broader Topix declined 1.5 percent to 1,291.82, with only 2.29 billion shares changing hands, the lowest level since late January. The JPX-Nikkei Index 400 slipped 1.4 percent to 11,688.54.

(Reporting by Ayai Tomisawa; Editing by Shri Navaratnam)

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Feb 19 2016 | 12:13 PM IST

Explore News