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Tokyo Stock Exchange backtracked

Tokyo Stock Exchange backtracked

The Tokyo Stock Exchange ended lower Thursday despite a new positive start, undermined by the rise of the yen against the US dollar weakened by the caution displayed by the US Federal Reserve (Fed) in normalizing its monetary policy.

Following the exchange, the Nikkei 225 blue chips yielded 0.22% (-38.07 points) to 16,936.38 points recording its third consecutive negative session.

The broader Topix index of all first table titles for its part fell 0.11% (-1.53 ​​points) to 1358.97 points.

On the foreign exchange component, the dollar was at 112.12 yen at the same time, against 112.74 yen in early morning and 113.42 yen yesterday closing, prompting to sell securities of Japanese exporters.

The euro was steady on him, to 125.85 yen.

The session was marked by a plunge under the Toshiba (-7.96% to 191.8 yen) Based on information from Bloomberg on the opening of an investigation by US authorities about unaccounted losses in Westinghouse, the US nuclear subsidiary.

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Master of Economics, University of Harvard, worked as an analyst in a few large companies and specializes in many countries. Currently owned by a large company that conducts assessment of investment attractiveness in the various countries of the world.