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3/15/11

Japan; Nuclear fears drive worst crash since '87 - by Michael Janda

The Japanese share market's benchmark Nikkei index slumped 10.6 per cent by its close - the second day in a row of massive declines after a 6.2 per cent slide yesterday. The Nikkei had fallen more than 14 per cent at one stage during the afternoon.

The broader Topix index was down 9.5 per cent when it closed - it had also fallen more than 14 per cent at one point. That was the biggest intraday slide since the stock market crash of October 1987.

For more: Nuclear fears drive worst crash since '87 - ABC News (Australian Broadcasting Corporation)

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