Japan’s stocks tumble after Abe resignation report

Stocks in Asia Pacific’s major markets were mixed on Friday as investors reacted to recent developments from the US Federal Reserve, Report says, citing TASS.

In particular, the Nikkei index, which reflects fluctuations in the share prices of 225 leading companies in the country, fell to 22,928. 14 points.

The Nikkei 225 closed 1.41% lower at 22,882.65 after dropping more than 2% earlier. 

Moreover, The Topix index shed 0.68% to end its trading day at 1,604.87.

Earlier, Japanese public television reported that the government’s head decided to leave his position due to his deteriorating health. Abe himself may announce it at a special press conference later on Friday.