Tokyo: Stocks tumble 3.14% on China equity rout
[TOKYO] Tokyo stocks tumbled 3.14 per cent on Wednesday as a rout in Chinese equities hammered sentiment and added to losses fuelled by fears over Greece's future in the eurozone.
The Nikkei 225 index at the Tokyo Stock Exchange dropped 638.95 points to close at 19,737.64, the first time it has fallen below the psychologically important 20,000 level in several weeks.
The broader Topix index of all first-section shares dived 3.34 per cent, or 54.75 points, to 1,582.48.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
NYSE-parent ICE’s revenue misses as muted IPO markets offset record energy trading
Japan’s Sumitomo Corp net profit down 32% on Madagascar one-off loss
Hong Kong regulator brings insider trading charges against Segantii and its founder
Asia markets mixed after Fed leaves rates unchanged; STI rises 0.1%
Asia: Stocks rise as Federal Reserve tamps down hike fears; yen leaps
Japanese companies struggle with yen’s continued weakness