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Markets

Tokyo stocks down 1.69pc by break

Published Updated

tokyo-stock-exchangeTOKYO: Tokyo stocks fell 1.69 percent Wednesday morning, hit by a strong yen and drops on Wall Street after the International Monetary Fund cut its world economic growth forecast.

 

The benchmark Nikkei 225 index at the Tokyo Stock Exchange lost 148.53 points to 8,621.06 by the break, while the broader Topix index of all first-section issues was down 1.38 percent, or 10.04 points, at 717.64.

 

Copyright AFP (Agence France-Presse), 2012

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