Tokyo stocks plunged 2.98 percent on Friday, with its benchmark Nikkei stocks index falling to the lowest level in more than three months on concerns over Chinese economy after the Shanghai stocks lost ground and on a firmer yen.
The 225-issue Nikkei Stock Average shed 597.69 points, from Thursday to 19,435.83, a closing level not seen since May 8. The broader Topix index of all First Section issues on the Tokyo Stock Exchange moved 50.87 points, or 3.13 percent, lower to 1,573.01.
Every industry group on the main section lost ground, with insurance, real estate and miscellaneous products leading decliners.
The turnover was 3,191.44 billion yen (about 25.93 billion U.S. dollars).
