Japan's Nikkei falls 7% in a week

Mubasher: Japan's share average Nikkei drifted lower on Friday to continue its bearish performance this start of the week.

The gauge fell by 0.39% or 69 points to reach a three-month low of 19,698 points. It lost 7% this week to record its biggest weekly losses since September.

The broader index Topix lost 0.7% to 1,447.32 points.

Meanwhile, Chinese shares suffered record declines this week due to the drop in the country's industrial sector activity for the tenth successive month.

Mubasher Contribution Time: 08-Jan-2016 09:06 (GMT)