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Nikkei Plunges below 26,000 amid Recession Woes

Nikkei Plunges below 26,000 amid Recession Woes

   Tokyo, June 17 (Jiji Press)--Tokyo stocks suffered a sharp setback Friday following overseas market tumbles caused by recession fears, sending the benchmark Nikkei average below 26,000 for the first time in about a month.
   The Nikkei average of 225 selected issues listed on the Tokyo Stock Exchange's Prime section lost 468.20 points, or 1.77 pct, to close at 25,963.00, the first finish under the psychologically important threshold since May 12, after gaining 105.04 points Thursday.

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AFP-JIJI PRESS NEWS JOURNAL


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