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Tokyo shares end sharply lower on firmer yen, concerns over global banking sector

Xinhua, February 10, 2016 Adjust font size:

Tokyo shares ended the trading Wednesday sharply lower with its benchmark Nikkei index dropping over 2 percent after a 5-percent decline in 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.

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 (around 30.90 billion U.S. dollars). Enditem