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Nikkei tanks 4.6%, Topix slides 5.9%

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Capital Market
Japanese share market finished the session steep lower on Monday, 24 August 2015, as widespread fears of a China-led global economic slowdown and currency war triggered risk aversion selloff. All of the gauge's 33 industry groups declined, with shares of banks, real estate, financials, transportation & logistics, steel & nonferrous metals and automobiles & transportation equipment players being key losers. The Nikkei Stock Average tumbled 895.15 points, or 4.61%, to end at 18540.68 points. The broader Topix index ended 92.14 points, or 5.86%, lower at 1480.871 points.

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First Published: Aug 24 2015 | 5:38 PM IST

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