Around the World's Markets: Tokyo

Wednesday 23 December 1998 00:02 GMT

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THE JAPANESE stock market suffered another grim trading session after the Japanese government withdrew support from the bond market, putting further pressure on shares. The Nikkei 225 index closed 373.5 points lower at 13,779.45.

Only 355 million shares changed hands, but banks suffered heavily. Fuji Bank fell 28 to 411 yen and Mitsubishi Trust shed 45 to 758 yen. Construction shares also suffered with Taisei down 16 at 206 yen. Car stocks also weakened.

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