The Business Times

Tokyo: Nikkei slips as investors lock in profits before Brexit vote

Published Wed, Jun 22, 2016 · 06:30 AM

[TOKYO] Japan's Nikkei share average fell on Wednesday as investors locked in profits ahead of a potentially market-disrupting British referendum later this week.

The Nikkei shed 0.6 per cent to 16,065.72 after rising 4.7 per cent over the past three days.

Turnover on the broader market was 1.704 trillion yen, the lowest in three weeks, reflecting nervousness before Thursday's referendum which determines whether Britain stays in the European Union.

The broader Topix shed 0.7 per cent to 1,284.61 and the JPX-Nikkei Index 400 dropped 0.65 per cent to 11,594.15.

REUTERS

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