Tokyo stocks: Nikkei index plunges over Two Percent

Tokyo, Dec 4: Tokyo shares ended sharply lower on Friday with the benchmark Nikkei index plunging over two percent due to the European Central Bank’s latest stimulus measures which failed to meet the market’s expectations.

The 225-issue Nikkei Stock Average tumbled 435.42 points, or 2.18 percent from Thursday at 19,504.48, Xinhua reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange plunged 28.92 points, or 1.80 percent to 1,574.02. Decliners were led by shipping, real estate and nonferrous metals. The turnover was about 2,431.4 billion yen (about $19.84 billion).  (IANS)