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Nikkei Dives to 5-Month Low in Afternoon

September 2, 2008

Tokyo, Sept. 2 (Jiji Press)–Stocks plunged due to a wave of futures-led selling on the Tokyo Stock Exchange Tuesday afternoon, pushing down the key Nikkei average to the lowest level in about five months.

At 2:09 p.m., the 225-issue Nikkei average was down 343.11 points, or 2.7 pct, at 12,491.07, after falling 238.69 points on Monday.END

(c) 2008 Jiji Press English News Service. Provided by ProQuest LLC. All rights Reserved.




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