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Tokyo Stocks End at 4.5Month Low on Plunges in Europe US Stocks


10/16/2014 10:51:24 PM

(MENAFN- Qatar News Agency) Tokyo October 16 (QNA) - Tokyo stocks plunged Thursday with the Nikkei stock index hitting a four-and-a-half-month low as investor sentiment was chilled by overnight sell-offs in European and US shares.



The 225-issue Nikkei Stock Average ended down 335.14 points or 2.22% from Wednesday at 14738.38 its lowest finish since May 30. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 28.17 points or 2.30% lower at 1195.50.



The Tokyo market opened sharply lower taking its cue from big losses in major European and US bourses after sluggish US economic data led to fresh concerns about a global economic slowdown. (QNA)


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