Tokyo, March 2 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average briefly plunged over 1,500 points on Monday following the U.S.-Israeli attack on Iran and the killing of Iran’s supreme leader. The key index of 225 issues on the Tokyo Stock Exchange’s top-tier Prime section closed at 58,057.24, down 793.03 points, or 1.34 pct, from Friday. The broader TOPIX index fell 40.26 points, or 1.02 pct, to 3,898.42. Amid rising tensions in the Middle East, a jump in oil prices and other factors dampened investor sentiment. Meanwhile, the Nikkei pared some losses, thanks to buying on dips. “Selling as an early reaction to the U.S. and Israeli attack on Iran has subsided for now,” said an official of a major brokerage firm. END [Copyright The Jiji Press, Ltd.]
Nikkei Drops after U.S.-Israel Attack on Iran
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