Financial Times FT.com

Japanese shares fall as yen surges

By Lindsay Whipp and Sneha Kotecha

Published: July 9 2009 06:34 | Last updated: July 9 2009 17:37

Japanese stocks dropped for a seventh consecutive session on Thursday, underperforming the rest of the region, after a stronger yen and weak earnings underscored concerns about the speed of economic recovery.

The Nikkei 225 Average fell 1.4 per cent to 9,291.06, its lowest level since May 22, while the broader Topix fell 1.7 per cent to 873.91.

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