Japanese shares fall by the most in a fortnight

Listen to this article


Japanese and Australian shares took a tumble today, with the former notching up its biggest one-day fall in a fortnight.

Japan’s Topix closed 1.6 per cent lower, with utilities and materials stocks the worst-performing sectors. It was the biggest fall since March 22.

Australia’s S&P/ASX 200 dropped 0.3 per cent, its biggest fall since Friday. Heavyweight financial stocks did the damage, with the four major banks each down by more than 1 per cent.

Copyright The Financial Times Limited 2017. All rights reserved. You may share using our article tools. Please don't copy articles from FT.com and redistribute by email or post to the web.