You are here

Tokyo: Stocks close down 4.61% as Asian markets slump

A pedestrian looks at an electric board displaying Tokyo's Nikkei Stock Average (Top-R) and Asian stock markets (L-R; Hong Kong, Shanghai, South Korea and Taiwan) during an morning trade session at a securities office in Tokyo, Japan, 24 August 2015.

[TOKYO] Tokyo's benchmark stock index dropped more than four per cent to finish at a six-month low on Monday, swept lower in a global equities rout as worries about China's economy deepen.

The Nikkei 225 at the Tokyo Stock Exchange plunged 4.61 per cent, or 895.15 points, to end at 18,540.68 - its lowest point since February - with bank shares tumbling and Toyota losing more than 6.0 per cent.

The broader Topix index of all first-section shares shed 5.86 per cent, or 92.14 points, to close at 1,480.87.