Synopsis
The Nikkei share average slipped 1.61 per cent to 29,671.70, falling below the psychologically important mark hit last week, while the broader Topix fell 1.82 per cent to 1,903.07.
AP
In Japan, index heavyweight SoftBank Group, down 5.2 per cent, was the biggest contributor to Nikkei s fall.
TOKYO: Japanese shares fell on Wednesday, closing below the 30,000 milestone for the first time in seven sessions, as investors booked profits in technology shares following a decline in the Nasdaq index. The Nikkei share average slipped 1.61 per cent to 29,671.70, falling below the psychologically important mark hit last week, while the broader Topix fell 1.82 per cent to 1,903.07. Unstable moves of the U.S. market overnight has made investors in Japan get worried about the outlook, said Koichi Kurose, chief strategist at Resona Asset Management.
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