Tokyo stocks close lower after volatile trading


Tokyo, Aug 25 (IANS): Tokyo stocks on Tuesday closed nearly 4 percent lower after concerns over global economic slowdown following days of decline of overseas markets.

The 225-issue Nikkei Stock Average ended down 733.98 points, or 3.96 percent, from Monday at 17,806.70, Xinhua news agency reported.

Earlier in the day, the index briefly fell to 17,747.50, the lowest intraday level since February 3.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished at 48.22 points or 3.26 percent.

Decliners were led by warehousing, nonferrous metals and iron and steel issues.

The turnover was 4,924 billion yen (about $41.03 billion).

  

Top Stories


Leave a Comment

Title: Tokyo stocks close lower after volatile trading



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.