Japanese shares plummet, volume at TSE hits record high

Nikkei futures extended losses on Monday, even after the Bank of Japan announced an increase in its asset buying programme, falling more than 7% at one stage before closing at 9,460, down 6.98% on the day.
In the cash market, a record 4.88 bln shares changed hands on the Tokyo Stock Exchange's first section as investors dumped shares after a devastating earthquake and tsunami struck northern Japan last Friday.