Thursday, October 9, 2014

Nikkei Falls in Third Day of Losses

Stocks lost ground for the third straight day on the Tokyo Stock Exchange Thursday, hit by the yen’s advance against the dollar, with the benchmark Nikkei average closing below 15,500 for the first time in more than a month.

The 225-issue Nikkei average lost 117.05 points, or 0.75 percent, to close at 15,478.93, the lowest finish since Sept. 1. On Wednesday, the key market gauge sagged 187.85 points.

The TOPIX index of all First Section issues ended down 14.07 points, or 1.1 percent, at 1,260.78, after falling 16.04 points the previous trading day.

Tokyo stocks attracted buying at the outset of Thursday’s trading following an overnight surge in U.S. equities.

via Japan News

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