Nikkei drops 2.6% as China fears weigh on metal shares
The Nikkei ended 2.6 percent lower at 14,830.39 points, the lowest closing level since March 4, and the biggest daily drop in more than a month. It had hit a five-week high of 15,312.60 last Friday.
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The Nikkei ended 2.6 percent lower at 14,830.39 points, the lowest closing level since March 4, and the biggest daily drop in more than a month. It had hit a five-week high of 15,312.60 last Friday.
The broader Topix index shed 2.1 percent to 1,206.94, with all of its 33 subindexes in negative territory.
The JPX-Nikkei Index 400, a gauge comprising firms with high return on equity and strong corporate governance, dropped 2.2 percent to 10,917.03.