Monday, December 01, 2008

Wednesday, October 8, 2008 - 02:20

AFP News Briefs List
 
Japanese shares fall more than four percent

Japan's benchmark Nikkei-225 index dropped more than four percent to 9698.72 in early Wednesday morning trade after another big fall on Wall Street overnight.

The Tokyo Stock Exchange's benchmark Nikkei-225 index dropped 457.18 points or 4.50 percent to 9,698.72, below the key 10,000 level.

The broader Topix index of all first section shares fell 35.30 points, or 3.61 percent, to 942.31.

The massive sell-off came after The Dow Jones Industrial Average sank 508.39 points (5.11) percent to a five-year closing low of 9,447.11 following a 369-point slide Monday.

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