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Tokyo: Shares close 2.43% lower on stronger yen

Thursday, January 21, 2016 - 14:30

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Tokyo shares closed sharply lower on Tuesday, as oil prices resumed their downward slide and investors eye the first policy meetings of the year by the US and Japanese central banks.

[TOKYO] Tokyo shares tumbled 2.43 per cent on Thursday, extending declines from the previous day, as a stronger yen hurt exporters.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange lost 398.93 points to close at 16,017.26, reversing earlier gains.

The broader Topix index of all first-section shares plunged 2.80 per cent, or 37.48 points, to 1,301.49.

AFP

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