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Tokyo: Shares dive 3.4% on Japan quake, failed oil deal

Monday, April 18, 2016 - 14:21


[TOKYO] Tokyo stocks slumped Monday after deadly earthquakes brought factories in southern Japan to a grinding halt, while plunging oil prices hit energy shares after weekend talks to freeze crude output failed.

The benchmark Nikkei 225 index dived 3.40 per cent, or 572.08 points, to 16,275.95, while the Topix index of all first-section shares dropped 3.03 per cent, or 41.25 points, to 1,320.15.


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