Japan's Shares Extend Losses
Tokyo, October 08 (QNA) - Japanese shares fell more than 1 percent on Thursday, continuing their losses for a second consecutive session, as investors refrained from buying following the recent gains, as well as amid concerns over the outlook for US interest rates, rising bond yields and geopolitical tensions.
The Nikkei index fell 1.42 percent to close at 69,042.11 points, while the broader Topix index declined 1.51 percent to 4,091.46 points.
Shares of chipmaker Rohm plunged 5.19 percent, while shares of technology-investing SoftBank Group fell 4.28, and Tokyo Electron shares lost 2.48 percent.
The largest percentage losses on the Nikkei index were recorded by Sumco, a supplier of silicon wafers used in semiconductors, whose shares fell 5.73 percent, followed by construction equipment manufacturer Komatsu, down 5.52 percent, and agricultural machinery and equipment manufacturer Kubota, down 5.42 percent. (QNA)
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