Nikkei falls to 1 1/2-week low on World Bank's lower growth forecast

Thu Jun 12, 2014 2:14am EDT

TOKYO, June 12 (Reuters) - Japan's Nikkei share average fell
to a 1 1/2-week low on Thursday after the World Bank's downward
revision of its global growth forecast soured sentiment.
    The Nikkei ended 0.6 percent lower to 14,973.53, the
lowest closing level since June 2.
    The World Bank cut its global economic growth forecast for
2014 to 2.8 percent from 3.2 percent because of the harsh U.S.
winter and the impact of the Ukraine crisis. 
    The broader Topix slid 0.1 percent to 1,237.75, and
the new JPX-Nikkei Index 400 declined 0.1 percent to
11,267.97. 

 (Reporting by Ayai Tomisawa; Editing by Richard Borsuk)