Japanese shares plunged today as market sentiment was hurt by a stronger yen and losses on Wall Street.
The benchmark Nikkei 225 Stock Average lost 512.72 points, or 3.72 per cent, to end at 13,261.82 after falling 5.73 per cent last week.
The broader-based Topix index was down 38.83 points, or 3.42 per cent, at 1,096.95.
On Friday, the Dow Jones Industrial Average shed 208.96 points or 1.36 per cent, closing at 15,115.57.
In Tokyo, on currency markets at 3 pm (0600 GMT), the dollar traded at 100.32-34 yen, down from Friday’s 5 pm quote of 100.62-64 yen.
The euro was quoted at 130.55-58 yen, down from 131.13-17 yen late Friday, and at 1.3012-3014 dollars, down from $1.3032-3034.
A stronger yen makes Japanese goods less competitive overseas and erodes repatriated revenues.