TOKYO: Tokyo shares closed down 2.43 percent Tuesday after renewed worries about the Chinese economy outweighed better-than-expected revised Japanese GDP figures.
The Nikkei 225 index at the Tokyo Stock Exchange fell 433.39 points to 17,427.08, while the Topix index of all first-section shares slipped 2.00 percent, or 28.94 points, to 1,416.71.
Investors were on edge ahead of China’s trade data, which could point to further weakness in the world’s second-largest economy. The data are due out shortly.
China’s exports were expected to drop 6.0 per cent in August compared with a year earlier, after dipping 8.3 per cent in July, a median forecast of 20 analysts polled by Reuters showed.