You are here

Tokyo: Stocks close down 1.43% after Swiss drop franc cap

TOKYOAFP0606.jpg
Tokyo stocks fell 1.43 per cent on Friday as investors moved into the yen following Switzerland's shock decision to remove its currency peg to the euro.

[TOKYO] Tokyo stocks fell 1.43 per cent on Friday as investors moved into the yen following Switzerland's shock decision to remove its currency peg to the euro.

The Nikkei 225 index at the Tokyo Stock Exchange, which was down nearly 3.0 per cent at one stage, lost 244.54 points to end at 16,864.16.

The Topix index of all first-section shares was down 0.93 per cent, or 12.87 points, at 1,363.73.

AFP

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom