The Tokyo Stock Exchange was shaken Tuesday by successive plunges in share prices around the globe; trading closed with the benchmark Nikkei average falling to 16,312.69, the lowest since July 1995.

The 725.67-point fall, representing 4.3 percent, from Monday was the year’s third biggest decline. The Topix index of all issues came to 1,263.11, down 49.34 points.

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