Japan’s Nikkei Index Plunges Over 3300 Points in Third-Largest Drop in History

Tokyo, October 15 (QNA) – Japan’s Nikkei stock index suffered the third-largest single-day point drop on Thursday, losing over 3,300 points, as selling of artificial intelligence- and semiconductor-related shares accelerated amid growing concerns over their profitability.

According to Japan’s Kyodo News, the 225-issue Nikkei Stock Average ended down 3,318.34 points, or 4.90%, from Wednesday at 64,425.95.

The broader Topix index finished 97.44 points, or 2.38%, lower at 3,999.34 points. (QNA)