You are here

Tokyo: Stocks fall for third day, Sharp drops on Foxconn takeover


[TOKYO] Tokyo shares ended lower for a third straight session on Thursday, as Sharp tumbled on news its takeover by Taiwan's Foxconn would go ahead at a sharply reduced price.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange lost 0.71 per cent, or 120.29 points, to close at 16,758.67, while the broader Topix index of all first-section shares fell 0.67 per cent, or 9.09 points, to 1,347.20.


Market voices on:


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

Powered by GET.comGetCom