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Tokyo shares plunge on declined oil prices

TOKYO
2015-12-14 14:50

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Tokyo shares ended the trading Monday sharply lower with its benchmark Nikkei index briefly tumbling over 3 percent as sentiment here was punched by concerns over continued oil prices decline.

The 225-issue Nikkei Stock Average plunged 347.06 points or 1. 80 percent from Friday at 18,883.42, a six-week closing low.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 21.63 points, or 1.40 percent, to 1, 527.88. Decliners were led by mining, securities, and oil and coal products issues, while only agriculture and fisheries gained ground. The turnover was about 2,388.2 billion yen (about 19.72 billion U.S. dollars).

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