Japan's TOPIX extends fall on yen, now down 3 pct

Wed Mar 12, 2008 11:38pm EDT
 
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TOKYO, March 13 (Reuters) - Japan's broad TOPIX index extended its fall on Thursday, falling 3 percent as the yen hit a 12-year high against the dollar.

Honda Motor Corp (7267.T) and other exporters led the fall as worries grew about the strong yen's impact on Japan's export-oriented economy.

At 0333 GMT the Nikkei .N225 was down 2.7 percent at 12,510.45. The TOPIX was down 3 percent at 1,218.13. (Reporting by Elaine Lies)

 

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