Article: Nikkei plunges below 16,000

Nikkei plunges below 16,000

TOKYO, Aug. 24 (Xinhua) -- Tokyo stocks dropped sharply on Thursday, with the benchmark Nikkei index down below 16,000.

The 225-issue Nikkei Stock Average fell 202.41 points, or 1.25 percent, to 15,960.62.

The Tokyo Stock Price Index of all First Section issues on the Tokyo Stock Exchange lost 17.25 points, or 1.05 percent, to 1,623. 03.

Export-oriented high-tech and auto shares, as well as major financial issues, were among the day's major decliners.

Declining issues outpaced advancing ...

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