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Nikkei down 2.96% on Wall Street fall, company failure.

Publication: Japan Weekly Monitor
Publication Date: 03-DEC-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, Nov. 28 Kyodo

Share prices on the Tokyo Stock Exchange dropped for a second trading day Wednesday, dragging the benchmark Nikkei Stock Average down 2.96% as investors were discouraged by the fall in the U.S. market and the collapse of Niigata Engineering Co.

The 225-issue Nikkei dived 324.08 points, or 2.96%, to close at 10,624.81. The broader Tokyo Stock Price Index (TOPIX) of all First Section issues shed 26.30 points, or 2.44%, to...

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