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Nikkei down over 7 pct on Brexit

Xinhua, June 24, 2016 Adjust font size:

Nikkei stocks index tumbled over 7 percent Friday on reports that "leave" camp is expected to win Britain's referendum over its membership of the European Union.

The 225-issue Nikkei Stock Average plunged 1,151.30 points, or 7.09 percent, from Thursday to 14,890.56, after briefly tumbling over 8 percent by opening the afternoon session.

Meanwhile, in the forex market, the Japanese yen briefly hit a record high in over two and a half years against the U.S. dollar in the 99 yen zone, rising about 5 yen from the morning session. Endit