Tokyo shares fall on US rate-hike expectations, weaker Japan GDP
Tokyo stocks
Tokyo - QNA
Tokyo shares fell Monday after a robust U.S. jobs report added to expectations of an early interest rate hike by the Federal Reserve and Japan's economic growth in the fourth quarter was revised downward.
The 225-issue Nikkei Stock Average ended down 180.45 points, or 0.95 percent, from Friday at 18,790.55. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 9.08 points, or 0.59 percent, lower at 1,531.76, according to Japan's (Kyodo) News Agency.
Major declining industry groups included pharmaceuticals, utilities and real estate.
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