Tokyo Stocks Plunge

Published: 9 November 2000 y., Thursday
The benchmark 225-issue Nikkei Stock Average lost 269.30 points, or 1.75 percent, to end morning trading at 15,130.34. On Wednesday, the index gained 59.31 points, or 0.39 percent. The dollar bought 107.34 yen at 11 a.m. (0200 GMT), up 0.02 yen from late Wednesday in Tokyo and also above its New York level of 107.28 yen. On the stock market, trading was somewhat restrained because of the delay in U.S. presidential election outcome, traders said. Both candidates were awaiting a recount to determine who will get Florida's 25 electoral votes and become the 43rd U.S. president. The Nikkei index was dragged down by Wall Streets losses, with declines in technology heavyweights and banks. In New York, the tech-heavy Nasdaq composite fell 184.09 points to close at 3,231.70, while Dow Jones industrial average closed at 10,907.06 points, down 45.12.
Šaltinis: AP
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