Nikkei falls as tumbling oil prices spark broad selloff

By: | Published: December 8, 2015 12:52 PM

Japanese stocks fell on Tuesday after sharp declines in oil and other commodity shares offset news that the economy had dodged a recession in the third quarter.

Global stock marketJapanese stocks fell on Tuesday after sharp declines in oil and other commodity shares offset news that the economy had dodged a recession in the third quarter. (AP)

Japanese stocks fell on Tuesday after sharp declines in oil and other commodity shares offset news that the economy had dodged a recession in the third quarter.

The Nikkei share average shed 1 percent to end the day at 19,492.60 points.

The broader Topix fell 1 percent to 1,568.73, with all but two of its 33 subindexes in negative territory.

The JPX-Nikkei Index 400 slipped 1 percent to 14,123.39.

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