Selling led the Tokyo stock market today in response to movements in US stocks and foreign exchange markets, and the Nikkei Average fell sharply by the close. The closing price fell below ¥60,000, reaching a level not seen in three months.
The Nikkei Average closed today at ¥62,907.84, falling ¥1,713.40 from the previous day.
On a closing-price basis, the Nikkei Average fell below ¥63,000 for the first time in three months, indicating selling pressure across the market.
The market remained weak throughout the day, affecting sentiment across Japanese equities.