1st LD Writethru: Tokyo stocks plunge 4.05 pct on concerns over global economy
Xinhua, September 29, 2015 Adjust font size:
Tokyo stocks plunged 4.05 percent Tuesday following declines in overseas markets, as concerns over global economic slowdown smothered investor sentiment across sectors.
The 225-issue Nikkei Stock Average was down 714.27 points, from Monday at 16,930.84, a roughly eight-month closing low. The broader Topix index of all First Section issues on the Tokyo Stock Exchange lost 63.15 points, or 4.39 percent, lower at 1,375.52.
Every industry category on the main section lost ground, with decliners led by shipping, iron and steel and pharmaceutical issues.
The turnover was 2,885.93 billion yen (about 24.13 billion U.S. dollars). Endi