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Nikkei falls over 2% on U.S. credit rating downgrade

08-08-2011 16:10 BJT

TOKYO, Aug. 8 (Xinhua) -- Nikkei plunged more than two percent on Monday in the wake of a U.S. credit rating downgrade.

The 225-issue Nikkei Stock Average fell 202.32 points, or 2.18 percent, from Friday to 9,097.56. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 18.10 points, or 2.26 percent, to 782.86.

Thirty-two sectors on the TSE weakened, with the real estate sector leading decliners, followed by the electricity and gas and metal products sectors. The sole gainer was the rubber products.

The turnover was about 1,357.4 billion yen (about 17.43 billion U.S. dollars).

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Editor:Wang Xiaomei |Source: Xinhua

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