Markets

Tokyo stocks close down 1.05pc

Published August 6, 2014 Updated August 6, 2014 06:16am

TOKYO: Tokyo stocks fell 1.05 percent Wednesday after a sharp sell-off on Wall Street, with SoftBank shares dropping on a report that its US unit Sprint was abandoning plans to buy T-Mobile.

The Nikkei 225 index, which has declined for the past four sessions, gave up another 160.52 points to close at 15,159.79, while the Topix index of all first-section shares lost 0.97 percent, or 12.24 points, to 1,251.29.