Thursday, March 17, 2011

Japanese shares plunge as nuclear concerns grow

TOKYO: Japanese shares returned to their march downward Thursday, March 16, giving back much of Wednesday's gains as fear that radiation may spread from a damaged nuclear plant sparked fresh selling.

In early trading, the Nikkei Stock Average lost 4.8% to 8,655.29, while the Topix dropped 4.1% to 784.55. The selloff was broad-based. - Agencies

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