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Nikkei index tumbles over 5 percent on Trump lead

TOYKO
2016-11-09 14:50

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Tokyo shares tumbled Wednesday with the Nikkei index briefly down over 5 percent and declining close to the 16,000 line, as market sentiment was weighed by rising speculation of Republican candidate Donald Trump winning the U.S. presidential election.

The 225-issue Nikkei Stock Average ended down 919.84 points, or 5.36 percent, from Tuesday at 16,251.54.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 62.33 points, or 4.57 percent, lower at 1,301.16. Decliners were led by transportation equipment, marine transportation and equipment issues.

The day's turnover was about 3,924.2 billion yen (around 38.75 billion U.S. dollars).

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