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Tokyo stocks close 1.95% lower

Tokyo stocks fell 1.95 percent Wednesday, as the dollar dropped against the yen following weak US jobs data, which raised expectations that the Fed will delay tapering its stimulus drive.



Tokyo: Tokyo stocks fell 1.95 percent Wednesday, as the dollar dropped against the yen following weak US jobs data, which raised expectations that the Fed will delay tapering its stimulus drive.

The benchmark Nikkei 225 index gave up early gains as it lost 287.20 points to 14,426.05, while the Topix index of all first-section shares was down 1.52 percent, or 18.46 points, to 1,195.98.

From Zee News

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