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Tokyo stocks plunge 1.89 pct on concerns over global economy

TOKYO
2015-10-14 14:55

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Tokyo stocks plunged 1.89 percent on Wednesday, with its benchmark Nikkei stocks index briefly down over 400 points on concerns over a global economic slowdown.

The 225-issue Nikkei Stock Average was down 343.74 points, from Tuesday at 17,891.00, a nearly two-week closing low.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange shed 32.30 points, or 2.15 percent, lower at 1,470.83.

Decliners were led by iron and steel, rubber products and glass and ceramics. The turnover was 2,405.32 billion yen (about 20.10 billion U.S. dollars).

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