Nikkei ends nearly eight per cent lower on Brexit

Nikkei ends nearly eight per cent lower on Brexit

Tokyo, June 24 (IANS) Japanese shares ended the trading on Friday sharply lower with the benchmark Nikkei stock index losing nearly eight per cent after the “leave” camp triumphed in a referendum on Britain’s membership of the European Union.

The 225-issue Nikkei Stock Average plunged 1,286.33 points, or 7.92 per cent, from Thursday to 14,952.02, after briefly tumbling over eight per cent by opening the afternoon session, Xinhua news agency reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 94.23 points, or 7.26 percent, to 1,204.48.

All issues in the main session lost ground.

The day’s turnover was about 3,338.3 billion yen (around $33.13 billion).

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