Tokyo shares plunge

Tokyo, Dec 14 (IANS) Tokyo shares ended the trading on Monday sharply lower with benchmark Nikkei index briefly tumbling over three percent as sentiment here was punched by concerns over continued oil prices decline.

The 225-issue Nikkei Stock Average plunged 347.06 points, or 1.80 percent from Friday at 18,883.42, a six-week closing low, Xinhua reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 21.63 points, or 1.40 percent, to 1,527.88.

Decliners were led by mining, securities, and oil and coal products issues, while only agriculture and fisheries gained ground.

The turnover was about 2,388.2 billion yen ($19.72 billion).

Related Posts

Leave a Reply