Japanese shares moved sharply lower after previous rally on fresh BoJ stimulus measures. Slight improvement in flesh China's PMI failed to return confidence about China's economic state. Adding to the negative mood of the Japan's equity index, national imports and exports slid more than expected last month, raising global growth concerns. Japanese export tumbled by annualized 5.8% while imports fell annualized 5.4% in August. The Nikkei 225 Index plunged 1.57% to close at 9,086.98. All sectors within the index slumped. On the upside was Nippon Telegraph and Telephone after announcing that it plans to buy back about JPY150 billion worth of the firm's shares. Oil and gas companies as well as technology firms created heavy selling pressure on the Nikkei index. Inpex and Alps Electric lost 3.52% and 4.03%. Semiconductor-related enterprises also moved lower on speculation that Samsung may reduce its investments in chips in 2013. Tokyo Electron and Advantest shed 2.24% and 4.55%.