Tokyo shares plunge

Tokyo, Dec 18 (IANS) Tokyo shares ended the Friday trade sharply lower as volatile sentiment dominated the market after the Bank of Japan (BOJ) decided new steps to support its monetary easing policy.

The 225-scrip Nikkei Stock Average tumbled 366.76 points, or 1.90 percent, from Thursday at 18,986.80, Xinhua reported.

The index briefly surged about 500 points immediately after the BOJ announcement.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange shed 27.61 points, or 1.76 percent, to 1,537. 10.

All sectors on the main section lost ground and decliners were led by oil and coal products, insurance and pulp and paper issues.

The turnover was about 3,597.1 billion yen ($29.42 billion).

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