Japanese shares prices fell on Thursday with financials leading the losses on falling global bond yields, while exporters’ shares were not helped by the yen’s gain against the dollar.
The Nikkei average fell 1.0 per cent to 16,668.41, near the middle of its trading range in recent weeks. The broader Topix shed 1.0 per cent to 1,337.41.
Bank shares lost 2.6 per cent, while insurers fell 2.5 percent. Transport equipment makers were down 1.7 per cent.
Turnover was ¥1.785 trillion, about 30 percent below the average over past year.