It is three days later, a majority stake in the Tokyo stock exchange fell. Negative data on job growth in the U.S. sparked fears of global economic growth will slowdown. In addition, Tokyo Electric Power Co. shares also fell to year low.
Tokyo Electric shares slump by 22% occurred after the daily Asahi wrote statement from the Tokyo Stock Exchange President Atsushi Saito that said the utility company should be liquidated.
While it a number of other stocks that also influence the movement of Asian stocks including Mitsubishi UFJ Financial Group Inc. slumped 2.7% and Sony Corp., which dropped 2.1%.
As notes, at 12:34 pm in Tokyo, the Nikkei 225 Stock Average fell 0.8% to 9413.41. While the Topix index dropped 0.8% to 810.22.
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