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Tokyo shares end sharply lower on gloomy economy outlook

Xinhua, August 24, 2015 Adjust font size:

Tokyo shares ended sharply lower with its benchmark Nikkei stocks index plunged over 4 percent on Monday as sentiment here was hit by concerns over global economy and fast advanced yen.

The 225-issue Nikkei Stock Average tumbled 895.15 points, or 4. 61 percent, from Friday at 18,540.68, hitting the lowest closing level in about six months.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange plunged 92.14 points, or 5.86 percent, to 1, 480.87.

Decliners were led by banks, real estate and iron and steel issues.

The turnover was about 4,107.5 billion yen (about 33.94 billion U.S. dollars). Endi