Tokyo Shares Slump As Strong Yen Hits Exporters
TOKYO, (UrduPoint / Pakistan Point News - 18th Augst,2016) : Tokyo shares slumped on Thursday as fading expectations of an imminent Federal Reserve rate hike sparked a rally in the Yen, hitting exporters including Toyota and Nissan. The benchmark Nikkei 225 index shed 1.55 percent, or 259.63 points, to close at 16,486.01, while the broader Topix index of all first-section shares also fell 1.55 percent, or 20.34 points, to 1,290.79.
Recent Stories
Punjab Chief Minister Mohsin Naqvi condoles death of classical singer
3 hours ago
US Consul General visits CPWB
3 hours ago
Problems of neglected class to be addressed on priority grounds: Azad Jammu Kas ..
3 hours ago
Caretaker Chief Minister of Punjab Mohsin Naqvi takes notice of the lack of oxyg ..
3 hours ago
Ukraine says hit Russian military sites in Crimea
3 hours ago
LHC disposes of Qaisara Elahi's plea against police high ups
3 hours ago
Sindh Info minister inaugurates "Aiwan-e-Josh"
3 hours ago
Sheffield United reappoint Wilder after Heckingbottom axing
3 hours ago
CM orders inquiry into Benazir Bhutto Hospital oxygen shortage
3 hours ago
Soldier embraced martyrdom while gallantly combating terrorists in South Waziris ..
3 hours ago
Zelensky to appeal to US senators ahead of crucial Ukraine aid vote
3 hours ago
Russia ramps up Arctic route ambitions
3 hours ago
More Stories From Business
-
Traders-govt equally important for economic development: LCCI
3 hours ago -
Traders urge to shift poultry market from city
5 hours ago -
Finance Division released Rs 17.4 billion to ECP
5 hours ago -
Economy steadily progressing towards recovery, revival: Report
6 hours ago -
Currently rice export third largest sector in country's economy: REAP leaders
6 hours ago -
Brazil economy ekes out 0.1% growth in Q3
7 hours ago
-
Turkish defense industry companies meet at A5 Defense Cup
7 hours ago -
OEC’s Korean language Centre generating manpower for Korea: Dr Aamir
7 hours ago -
PSX gains 462 points
7 hours ago -
Planning Minister reviews power sector's progress
9 hours ago -
Pakistan, Korea sing agreement for constructing aeroponic green house, artificial cattle inseminatio ..
9 hours ago -
Dr Kausar Abdullah elected President of PAS
9 hours ago
