You are here

Tokyo: Nikkei falls as tumbling oil prices spark broad selloff


[TOKYO] Japanese stocks fell on Tuesday after sharp declines in oil and other commodity shares offset news that the economy had dodged a recession in the third quarter.

The Nikkei share average shed 1 per cent to end the day at 19,492.60 points.

The broader Topix fell 1 per cent to 1,568.73, with all but two of its 33 subindexes in negative territory.

The JPX-Nikkei Index 400 slipped 1 per cent to 14,123.39.