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Tokyo shares down 3 pct on strong yen, Brexit concerns

TOKYO
2016-07-06 10:51

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Tokyo shares fell Wednesday morning, with the Nikkei index down over 3 percent for a moment, as market confidence was discouraged by the stronger yen as well as the renewed concerns over Britain's decision to exit the European Union.

The 225-issue Nikkei Stock Average shed 463.03 points, or 2.96 percent, from Tuesday to 15,206.30.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 35.78 points, or 2.85 percent, to 1, 220.86.

Notable decliners included financials, rubber products and security issues.

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