Stock prices have fallen sharply in Tokyo on Thursday. The key Nikkei index down more than 1,100 points. This sharp decline has occurred against a cautious reaction to the recent strong rise in prices.
The Nikkei fell 1,143 points, or more than 7%, to 14,483 at the end of the auction item. This is the largest decline in the index for 13 years - since April 2000 - compared to the figure at the close of business on the previous day.
On the Tokyo Stock Exchange in the afternoon received orders for sale across the spectrum of securities. Immediately after the opening exchanges in the morning the Nikkei index rose 300 points.
A drop in prices occurred after the industrial performance of China were below expectations. Termination of the depreciation of the yen in Tokyo and fears of rising interest rates on long-term loans, also enhanced the sale of shares.
A more general index TOPIX, which reflects the price of all shares in the first section of the Tokyo Stock Exchange fell 87 points to 1,188 points by the end of trading.
The share prices on the stock markets of Asian countries also fell across the board.
Source: NHK
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