In the Tokyo stock market on the 28th, concerns about the economic slowdown due to monetary tightening in Europe and the United States increased, and the Nikkei Stock Average dropped by more than 600 yen at one point.

▽The Nikkei Stock Average closing price on the 28th was 26,173.98 yen, 397.89 yen lower than on the 27th.


▽ Tokyo Stock Price Index = Topics fell 17.86 to 1855.15.


▽The daily trading volume was 1,554,740,000 shares.



A market insider commented, ``With central banks in Europe and the United States accelerating monetary tightening to contain record-breaking inflation, investors are becoming more cautious about a slowdown in the global economy. Selling orders have expanded, centering on stocks such as shipping and semiconductors, which are said to be easily influenced by trends in the stock market."