Japan stocks plunged on Friday with the benchmark Nikkei average falling below the 15,000 line for the first time in 16 months.
The 225-issue Nikkei Stock Average plunged 760.78 points, or 4.84 percent, from Wednesday to close at 14,952.61, Xinhua reported.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, tumbled 68.68 points, or 5.43 percent, to finish at 1,196.28.
All industry categories on the main section ended in negative territory, with marine transport, financial and securities-linked shares comprising notable losers at the close.
The day's turnover was 4,183.3 billion yen ($37.09 billion).
Tokyo markets were closed on Thursday for a national holiday.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app