Tokyo stocks dive more than 8% on Brexit shock

FRIDAY, JUNE 24, 2016
Tokyo stocks dive more than 8% on Brexit shock

TOKYO - Tokyo stocks went into a hair-raising dive on Brexit fears, plunging more than eight percent Friday afternoon as major firms' shares including Toyota and mobile carrier SoftBank went into freefall.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange dropped as much as 8.30 percent, or 1,347.79 points, to 14,890.56, before paring some losses.

The broader Topix index of all first-section shares shed as much as 8.16 percent, or 105.91 points, to 1,192.80.
- AFP