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Article: 1st LD Writethru: Tokyo stocks close sharply lower
- Article from:
- Xinhua News Agency
- Article date:
- October 7, 2008
CopyrightCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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1st LD Writethru: Tokyo stocks close sharply lowerTOKYO, Oct.
7 (Xinhua) -- Tokyo stocks closed sharply lower Tuesday with the key
Nikkei index briefly dipping below the 10,000 mark for the first
time since December 2003.
The benchmark Nikkei-225 Stock Average lost 317.19 points, or 3.
03 percent, from Monday to 10,155.90 at its close.
In the afternoon Nikkei trimmed some losses after hitting a new
low of 9,916.21 in nearly five years in the morning, down 556.88
points, or 5.32 percent.
The broader Topix index of all First Section issues on the Tokyo
Stock Exchange was down 21.44 points, or 2.15 percent, to 977.61.
On the First Section, declining issues outnumbered advancing ones ...