The Nikkei Stock Average closed at ¥63,290.11, down ¥1,369.36 from the previous day. Amid views that the adjustment phase continued in response to trends in European and U.S. markets, the dollar-yen rate was around ¥157.59 as of 15:00.
The Nikkei Stock Average closed at ¥63,290.11, down ¥1,369.36 from the previous day. Tokyo stocks fell throughout the day, led by major issues, and the Nikkei ended the session with a sharp decline.
The dollar-yen rate was reported to be around ¥157.59 as of 15:00. Trends in overseas foreign-exchange markets are believed to have affected Japanese stocks as well, although the article does not state a specific causal link.