(Bloomberg) -- Shares of Tokyo Electric Power Co.
dropped the most in seven years on concern the company's nuclear
facility in central Japan, the world's biggest, may be shut for
a year after an earthquake caused radioactive leaks.
The stock slumped as much as 7.5 percent, the largest
intraday decline since Feb. 18, 2000, after the Nikkei said the
shutdown will be prolonged by checks to ensure the plant will
resist future earthquakes. The shares had the second-biggest
decline on the Morgan Stanley Capital International World Index.
Read more at Bloomberg Energy News
dropped the most in seven years on concern the company's nuclear
facility in central Japan, the world's biggest, may be shut for
a year after an earthquake caused radioactive leaks.
The stock slumped as much as 7.5 percent, the largest
intraday decline since Feb. 18, 2000, after the Nikkei said the
shutdown will be prolonged by checks to ensure the plant will
resist future earthquakes. The shares had the second-biggest
decline on the Morgan Stanley Capital International World Index.
Read more at Bloomberg Energy News
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