March 11, 2020 / 6:21 AM / a month ago

Japanese shares tumble, Nikkei below break-even level for BOJ

TOKYO, March 11 (Reuters) - Japanese shares tumbled on Wednesday on concerns about the economic hit from the coronavirus, with the broad Topix index falling 1.53% to mark its lowest close since November 2016.

The Nikkei average lost 2.27% to a 14-1/2-month low of 19,416, slipping below the estimated average cost of the Bank of Japan's stock investments over almost seven years.

Reporting by Hideyuki Sano Editing by Shri Navaratnam

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