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Nikkei ends 1.08 % lower on advanced yen

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(Globalpost/GlobalPost)

Nikkei ended with a sharp decline Tuesday on an advanced yen and sluggish U.S. economic data that hurt sentimental investors.

The 225-issue Nikkei Stock Average lost 131.59 points, or 1.08 percent, from Monday to 12,003.43, after tumbling as low as 11,805. 78.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 9.23 points, or 0.92 percent, at 991. 34. Decliners were led by steelmakers, utilities and paper issues, while gainers included real estate, consumer finance and banking stocks. The turnover was about 2,510.0 billion yen (about 26.97 billion U.S. dollars).

http://www.globalpost.com/dispatch/news/asianet/130403/nikkei-ends-108-lower-advanced-yen