Nikkei falls to over 5-wk low on China share drop; Toshiba shines
August 19, 2015 8:08 am
Japan’s Nikkei fell to a more than 5-week low on Wednesday, widening earlier losses, as a slide in Chinese shares raised concerns about the Chinese economy’s stability. The share average of Nikkei plunged 1.6% to 20,222.63, its lowest closing level since July 13 and the biggest daily percentage drop in 6 weeks. However, Toshiba Corp. jumped 7.7% after announcing a new board to improve corporate governance. The material has been provided by InstaForex Company – www.instaforex.com
Japan’s Nikkei fell to a more than 5-week low on Wednesday, widening earlier losses, as a slide in Chinese shares raised concerns about the Chinese economy’s stability. The share average of Nikkei plunged 1.6% to 20,222.63, its lowest closing level since July 13 and the biggest daily percentage drop in 6 weeks. However, Toshiba Corp. jumped 7.7% after announcing a new board to improve corporate governance.
The material has been provided by InstaForex Company – www.instaforex.com
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