Tokyo, March 19 (Jiji Press)–Japan’s benchmark Nikkei 225 stock average gave up over 1,500 points in early trading in Tokyo on Thursday, following overnight falls in key U.S. stock indexes. At 9:06 a.m., the index of 225 selected issues listed on the Tokyo Stock Exchange’s Prime section stood at 53,731.14, down 1,508.26 points, or 2.73 pct, from Wednesday’s closing. Selling took the upper hand from the outset in the wake of Wednesday’s U.S. stock market drops reflecting reignited inflation concerns, market sources said. END [Copyright The Jiji Press, Ltd.]
Nikkei Sheds Over 1,500 Points in Early Trade