ADVERTISEMENT
SoftBank Group shares close down 17% in biggest one-day fall
Reuters
Last Updated IST
(Reuters file photo)
(Reuters file photo)

Shares of SoftBank Group Corp closed down 17% on Thursday in their biggest one-day fall, hammered by investor scepticism over the outlook for tech bets, such as office sharing firm WeWork and ridehailer Uber .

As economic gloom grows over a coronavirus outbreak, SoftBank racked up the second biggest fall in the benchmark index, breaking the 3,000-yen level to close at 2,687 yen.

Deccan Herald is on WhatsApp Channels | Join now for Breaking News & Editor's Picks

ADVERTISEMENT
ADVERTISEMENT
(Published 19 March 2020, 12:25 IST)