Nikkei falls sharply as Italy election spooks investors
TOKYO (Reuters) - Japan's Nikkei share average fell sharply at the open on Tuesday, retreating from a 53-month high as the yen strengthened on uncertainty following the Italian elections, with shares of some big exporters to Europe tumbling.
On Monday, the Nikkei had risen 2.4 percent to 11,662.52, its highest level since late September 2008.
(Reporting by Ayai Tomisawa; Editing by John Mair)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Data released on Friday showing a slowdown in India's economy will put the Reserve Bank under renewed pressure to cut interest rates, while Prime Minister Narendra Modi takes his time over reforms needed for a revival. Full Article