Nikkei share slips on firmer yen

Dhaka,  Fri,  26 May 2017
Published : 15 Mar 2017, 13:18:52
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Nikkei share slips on firmer yen

Nikkei share slips on firmer yen
Japan's Nikkei share average slipped Wednesday, dragged down by a firmer yen as investors await the US Federal Reserve's monetary policy outlook later in the day, reports Reuters.

The stock under the spotlight was again Toshiba Corp, which nosedived 12 per cent after it said it would consider a sale of Westinghouse.

But the company, which was the most traded stock by turnover, did not offer any clarity on whether it would proceed with a Chapter 11 filing for the US nuclear unit.

The Nikkei ended 0.2 per cent lower at 19,577.38 points.

The broader Topix dropped 0.2 per cent to 1,571.31 points, and the JPX-Nikkei Index 400 fell 0.1 per cent to 14,080.15 points.
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