Nuclear crisis fears batter stocks in Japan

March 15, 2011 09:45 am | Updated November 17, 2021 02:44 am IST - BANGKOK

Japan’s Nikkei stock index dived more than 12 percent Tuesday, plunging precipitously as fears of a nuclear crisis escalate. Other Asian markets also tumbled.

The benchmark Nikkei 225 stock average shed 1,201.2 points, or 12.5 percent, to 8,422.21 in afternoon trading Tuesday, extending losses from the previous day.

The Nikkei had tumbled more than 6 percent Monday on the first trading day since the devastating earthquake and tsunami struck the northeastern coast Friday, washing away towns and killing thousands of people.

Several nuclear power plants were damaged by the earthquake.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.