Nikkei drops 6 pct as U.S. autos bailout stalls

Thu Dec 11, 2008 11:19pm EST
 
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TOKYO, Dec 12 (Reuters) - Japan's Nikkei share average lost 6.1 percent on Friday, as Japanese automakers such as Toyota Motor Corp (7203.T) fell sharply after a U.S. bailout for American carmakers stalled. [ID:nN09294627]

The benchmark Nikkei .N225 was down 531.04 points at 8,189.51. It had already fallen 1.3 percent ahead of the news.

The broader Topix shed 5 percent to 809.25. (Reporting by Aiko Hayashi)

 

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