Tuesday, April 5, 2011

Tokyo Electric shares plunge to record low

TOKYO: Shares of Tokyo Electric Power plunged to a record low of 376 yen on Tuesday, April 5 on uncertainty over the safety crisis at its crippled nuclear power plant.

The March 11 earthquake and tsunami in northeast Japan knocked out more than 20 percent of Tokyo Electric's power generating capacity, including the Fukushima Daiichi complex which continues to leak radiation.

TEPCO shares plunged 15 percent from Monday's close to a reord low of 376 yen. - Reuters

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