Nikkei dips below 20,000 line as global equities rout sparks risk off mood

BY  | FROM  | 2017-06-30 14:48

The Nikkei stock index dipped below the psychologically important 20,000 line Friday morning as a global equities rout overnight battered investor sentiment and triggered a risk off mood

The 225-issue Nikkei Stock Average dropped 219.42 points, or 1.09 percent, from Thursday to 20,000.88.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 14.29 points, or 0.88 percent, to 1,609.78.

Food, precision instrument, and information and communication-oriented issues comprised those that declined the most by the morning break.

    Related News

      Financial Times

    • Fed fears market misreading of guidance
    • The US Federal Reserve is keen to revamp its forward guidance about future interest rates but terrified of a market misunderstanding, according to the minutes of its September meeting


    • Asian shares rebound after Fed renews dovish credentials
    • Asian shares bounced back and the dollar fell on Thursday after minutes of the U.S. Federal Reserve's latest policy meeting showed policymakers have some concerns about downside risks to the global economy and the dol...


    • Nigeria succeeds at containing Ebola
    • People here are shaking hands again, kissing, hugging, touching. These days, shops are open, people are working, and children are finally going back to 
    Chinese Dictionary: