Tokyo stocks tumbled Monday with the key Nikkei index nose-diving by 4.25 percent to a new low in nearly five years amid investors' persisted concerns over the gloomy economic outlook worldwide.
The benchmark Nikkei-225 average shed 465.05 points to 10,473.09 from Friday, falling below the 10,500 line for the first time since February 2004.
The Topix index lost 48.92 points, or 4.67 percent, to 999.05.
On the First Section, declining issues outnumbered advancing ones 1,594 to 95, with 23 others remaining unchanged.
Volume leader Nippon Steel shrank 27 yen, or nearly 8 percent, to 319 yen.
Trading volume on the main section went up to 2,566.95 million shares from 2,345.66 million Friday.
The TSE's Second Section index lost 127.51 points, or 5.67 percent, to 2,121.15 on a volume of 111.46 million shares.
On the Osaka Securities Exchange, the near-term December Nikkei225 index futures contract dropped 510 points to 10,450.
Source: Xinhua
|
Comment
Tell A Friend
Print Format
Save Article