Nikkei 225 index plunges on French election results

Note: This section contains information in English only.
Source: Dukascopy Bank
Japan's Nikkei Stock Average tumbled sharply on Monday as French socialist leader Francois Hollande was elected President, adding to fears austerity measures would face resistance in Europe. Nikkei 225 lost 2.78% or 261.11 points and closed at 9,119.14. Export shares fell on worries depreciating Euro may curb the value of Japanese trading in the region. Sony fell 4.5% and Sharp plunged 5.8%. Honda Motor plunged 5.6% while Konami posted the biggest drop for the Nikkei index giving up 17.6%. 

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