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Nikkei slides 2.2 pct on U.S. economy worry, yen

Published 08/16/2009, 10:12 PM
Updated 08/16/2009, 10:15 PM
KYOCY
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TOKYO, Aug 17 (Reuters) - Japan's Nikkei average fell 2.2 percent on Monday, hit by exporters such as Kyocera Corp as the yen rose against the dollar after worries about weak consumer sentiment in the United States fuelled concerns about how quickly its economy will recover.

Japan's economy grew 0.9 percent in April-June from the previous quarter, marking the first expansion in five quarters and in line with a median market forecast for 1.0 percent growth, data showed before the start of trade.

The benchmark Nikkei shed 237.08 points to 10,360.25, after ending 0.8 percent higher on Friday to book its highest finish in 10 months.

The broader Topix declined 2 percent to 954.48. (Reporting by Aiko Hayashi)

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