TOKYO -- Japan's equity benchmark Nikkei Stock Average plunged during Friday afternoon trading, following news of Prime Minister Shinzo Abe's plan to resign due to his worsening health.
Markets
Nikkei index tumbles 2.6% on reports of Shinzo Abe's resignation
Japanese yen momentarily strengthens to 106.11 against the dollar
The Nikkei index closes 326 points, or 1.4%, lower on August 28, 2020, as investors await Japanese Prime Minister Shinzo Abe's news conference later in the day for more details regarding his resignation. (Photo by Kosuke Imamura)
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