|
|
Article: Nikkei Index Plunges to 15-Week Closing Low in Tokyo
- Article from:
- Xinhua News Agency
- Article date:
- April 21, 2000
CopyrightCopyright 2000 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
|
The benchmark Nikkei index plunged to a 15-week closing low in
Tokyo Friday, hit by a selling spree relating to next Monday's
reshuffle of the index's components.
The Nikkei Stock Average of 225 selected issues on the First
Section of the Tokyo Stock Exchange declined 706.64 points, or 3. 73
percent, from Thursday's close to end at 18,252.68, the lowest
closing since January 7.
The broader-based Tokyo Stock Price Index (TOPIX) which covers
all First Section issues, however, rose 5.12 points, or 0.31
percent, to 1,634.12.
The key index opened higher, helped by an upturn in high-priced
information and technology issues, but plunged rapidly in the
afternoon, traders said.
Issues to be removed ...