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Nikkei falls 1.5 pct after oil rout, firmer yen

Published 05/06/2011, 02:12 AM
Updated 05/06/2011, 02:16 AM
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TOKYO, May 6 (Reuters) - Japan's Nikkei average fell 1.5 percent on Friday as a rout in oil and commodity prices pummelled resource stocks and sent the yen higher, hurting shares of exporters, while caution ahead of U.S. jobs data prompted profit-taking.

The Nikkei suffered its biggest percentage loss since April 12 after gaining a total of about 4.6 percent over the last three trading sessions.

The benchmark Nikkei ended the day down 145.00 points at 9,859.20. Japanese financial markets were closed from Tuesday to Thursday for public holidays.

The broader Topix fell 1.1 percent or 9.05 points to 856.50. (Reporting by Chikafumi Hodo)

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