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Tokyo: Shares lose 1.73% on US rate hike talk

Monday, September 12, 2016 - 14:32

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[TOKYO] Tokyo shares slumped on Monday, extending a global sell-off after top Federal Reserve officials said they backed a US interest rate hike as soon as this month.

Cautious investors drove down Tokyo's benchmark Nikkei 225 index, which fell 1.73 per cent or 292.84 points to 16,672.92.

The broader Topix index of all first-section issues fell 1.54 per cent, or 20.76 points, to 1,323.10.

AFP

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