Japan Nikkei falls 0.55% on yen ascent

Capital Market 

share market finished session down on Tuesday, 29 May 2018, as investor sentiment was dampened amid concerns that new elections in might spark fresh discussion over a break-up of the region's single currency, with strength in the yen weighing on major exporters. Investors largely shrugged off a survey showing the jobless rate was flat at 2.5% in April, hovering near the lowest level in 25 years.

The 225-issue Nikkei Stock Average lost 122.66 points, or 0.55%, to 22,358.43. The broader index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 8.57 points, or 0.48%, to 1,761.85.

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First Published: Tue, May 29 2018. 17:27 IST