Japan’s Nikkei fell in choppy trade on Thursday to a near two-week low as a stronger yen trimmed the profit outlook for exporters, while investors stayed on the sidelines on the final day of Japan’s financial year looking for more catalysts ahead.
The Nikkei share average dropped 0.7 per cent to 16,758.67, the lowest closing level since March 18. Japan’s benchmark index rose 4.6 per cent for the month, while it tumbled about 12 per cent for the fourth quarter through Thursday.
The broader Topix declined 0.7 per cent to 1,347.20 and ended the quarter 13 per cent lower.
The JPX-Nikkei Index 400 slipped 0.7 per cent to 12,161.79.