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Nikkei plunges to 3-week low on firmer yen

English.news.cn   2014-05-07 15:16:40

TOKYO, May 7 (Xinhua) -- The Nikkei index tumbled to a three- week closing low on Wednesday amid concerns over the yen's appreciation and the mounting tensions in Ukraine.

The 225-issue Nikkei Stock Average was down 424.06 points, or 2. 93 percent, from Friday to 14,033.45, its lowest finish since April 15. Japanese financial markets were closed Monday and Tuesday for public holidays.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 30.47 points, or 2.58 percent, lower at 1,152.01.

Decliners were led by financial stocks, such as brokerage, insurance and banking shares, as well as paper and pulp issues.

The turnover was 2228.6 billion yen (about 21.96 billion U.S. dollar).

Editor: Yang Yi
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