Nikkei tumbles on earthquake impact woes

The Japan share market ended steep lower on Monday, 18 April 2016, as investors sentiment soured on concerns over the economic impact of the powerful earthquakes that have rattled south-western Japan. All industry categories on the main section closed in negative territory, exception being construction issue, with notable decliners comprising insurance, marine transportation and financial stock-linked issues. The 225-issue Nikkei Stock Average plummeted 572.08 points, or 3.4%, to end the day at 16,275.95. The broader Topix index of all First Section issues on the Tokyo Stock Exchange plunged 41.25 points, or 3.03%, to close at 1,320.15.

Powered by Capital Market - Live News