Nikkei tumbles on Deutsche fears, financials down



Japan's Nikkei slipped on Friday after fears about the stability Deutsche Bank shook Wall Street and took a toll on financial shares, with the stock index paring its quarterly gain and logging weekly and monthly losses.
The Nikkei ended down 1.5 percent, or 243.87 points, at 16,449.84, down 1.8 percent for the week and 2.6 percent for September. But it was still up 5.6 percent for the July-September quarter.
Wall Street indexes posted sharp declines on Thursday, with Deutsche Bank's U.S.-listed stock skidding 6.7 percent as deepening concerns over the stability of the lender cast a cloud... read more

 
30 September 2016 in World News, Views: 31
Source: Reuters
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