Tokyo Shares Retreat as Nikkei Drops 3.57% on Broad Sector Weakness
Tokyo's stock market closed sharply lower with the Nikkei 225 falling 3.57%, pressured by declines in Paper & Pulp, Transport and Communication sectors. A small group of stocks posted gains, while several large-cap names posted double-digit percentage losses. Volatility eased slightly as commodity and currency moves accompanied the selloff.