Tokyo stocks dive 11.41%, largest single-day loss in 20 years

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The Living Force
FOTCM Member
2008-10-16 14:26:01

TOKYO, Oct. 16 (Xinhua) -- Tokyo stocks nosedived Thursday with the largest percentage loss in 20 years, on the sharp loss in New York and clouded global economic outlook.

The benchmark Nikkei-225 index plunged 1,089.02, or 11.41 percent to 8458.45 points. It's Nikkei's second largest single-day percentage drop, following a 14.90 percent drop logged on Oct. 20,1987.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange lost 90.99 points, or 9.52 percent, to 864.52.  

http://news.xinhuanet.com/english/2008-10/16/content_10203894.htm
 
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