TOKYO: Japanese shares suffered their biggest drop in six months on Thursday, tracking Wall Street, weighed by technology companies which have benefited from a recent rally in stocks.
The Nikkei share average fell 1.53% to 28,197.42, the biggest decline since July 31, while the broader Topix slid 1.14% to 1,838.85.
Topix's electric appliances index has jumped 6.34% this year, while the Topix has gained 1.89%.
"Today's market is tracking the U.S. stock markets. The rise in the stock volatility index is also prompting investors to sell down," said Yoshihiro Takeshige, general manager at investment management department of Asahi Life Asset Management.
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