Japan shares end sharply lower

Tokyo, Feb 10 (IANS) Japan shares ended the trading Wednesday sharply lower with the benchmark Nikkei index dropping over two percent after a five percent decline on the previous day on stronger yen and concerns over global banking sector.

The 225-issue Nikkei Stock Average plunged 372.05 points, or 2.31 percent, from Tuesday at 15,713.39, hitting a 15-month closing low, Xinhua reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange closed 39.37 points, or 3.02 percent, lower at 1,264.96.

All issues on the main board lost ground, led by banking, financial, and electric power and gas issues.

The day’s turnover was about 3,536.8 billion yen ($30.90 billion).

Related Posts

Leave a Reply