TOKYO, July 6 (Xinhua) — Tokyo stock closed decrease for the third consecutive day on Thursday, amid issues that additional U.S. price hikes may tumble the worldwide economic system.
Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average dropped 565.68 factors, or 1.70 %, from Wednesday to shut the day at 32,773.02.
The broader Topix index, in the meantime, misplaced 28.95 factors, or 1.26 %, to complete at 2,277.08.
The broader market was dragged down by semiconductor points following Socionext’s announcement on Wednesday that main shareholders, together with Fujitsu Ltd. and Panasonic Holdings Corp., revealed their plans to promote their shares in abroad markets.
The chip firm’s stock plummeted by the each day restrict of twenty-two.8 % and the overwhelming variety of promote orders brought about the stock to stay untraded for the remainder of the day.
On the Prime Market, shares in most sectors declined, with equipment and precision instrument sectors main the losses.
Issues that fell outpaced those who rose by 1,477 to 318, whereas 40 ended the day unchanged.
The turnover on the fourth buying and selling day of the week got here to three.57 trillion yen (24.79 billion U.S. {dollars}).