Tokyo, Oct. 23 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average tumbled more than 900 points briefly Thursday morning. At 9:06 a.m., the Nikkei stood at 48,399.05, down 908.74 points, or 1.84 pct, from Wednesday. Amid concerns over rekindled trade friction between the United States and China, investors moved to sell stocks to avert risks, market sources said. After major U.S. stock indexes dropped overnight, large-capital issues met with selling on the Tokyo market. Some high-tech names, including chip-related issues, fell sharply after their recent surges, helping push down the Nikkei. END [Copyright The Jiji Press, Ltd.]
Nikkei 225 Briefly Plunges Over 900 Points in Morning
Related Posts
Man Gets 8 Years for Sexual Assault of Daughter
(In the story “Man Gets 8 Years for Sexual Assault of Daughter,” moved on Wednesday, the fourth paragraph from the last should have read, “…her father’s…,” instead of as sent. A substitute story follows.) Toyama, Oct. 22 (Jiji Press)–A Japanese court sentenced
Katayama Vows to Assemble Sufficient Extra Budget
Tokyo, Oct. 23 (Jiji Press)–The Japanese government’s planned supplementary budget will secure sufficient funding to implement necessary projects, new Finance Minister Satsuki Katayama said on Wednesday. “A sufficient scale is necessary to accomplish objectives, and it doesn’t matter whether it is large
