Japan’s Nikkei index falls nearly three percent
October 24th, 2008 - 9:43 am ICT by IANSTokyo, Oct 24 (DPA) Japan markets continued their losing streak Friday with the key Nikkei index dropping nearly three percent.In the first 15 minutes of trading, the benchmark Nikkei 225 Stock Average lost 232.45 points, or 2.75 percent, to 8,228.53.
The broader Topix index of all first-section issues was down 24 points, or 2.75 percent, to 847.7.
On currency markets at 9 a.m., the dollar was quoted at 97.58-63 yen, down from Thursday’s quote of 97.68-70 yen.
The euro was quoted at $1.2897-2902, up from Thursday’s 5 p.m. quote of $1.2819-20, and at 125.90-95 yen, up from 125.22-26 yen.
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Tags: 15 minutes, broader topix index, currency markets, dpa, japan markets, losing streak, nikkei 225, nikkei index, stock average, yen
