Japanese and Skor shares plunge after Wall St losses

(10 Oct 2008) SHOTLIST Tokyo, Japan 1. Zoom in of electronic index board at Tokyo Stock Exchange 2. Various of electronic price index boards 3. Top shot of Tokyo Stock Exchange floor 4. Traders at desks 5. Top shot of stock exchange floor 6. Various of traders 7. Wide of Tokyo Stock Exchange Seoul, South Korea 8. Pan to electronic stock index board 9. Various of stock index board 10. Mid of traders at desks 11. Various of stock index board 12. Close-up of screen showing animated graph 13. Wide pan of stock index board STORYLINE Stock markets across Asia posted sharp losses in early trading on Friday on the heels of a steep sell-off on Wall Street. Tokyo's benchmark Nikkei 225 index lost 974.12 points, or 10.64 percent, to close the morning session at 8,183.37. At one point in the frantic morning trading, the index shed 11.4 percent. In Seoul, South Korea, the benchmark Korea Composite Stock Price Index fell 7.1 percent, or 92.05 points, to 1,202.84 after the first hour of trading. At one point the Kospi fell as much as 9 percent. The sell-off in Asian markets comes after the Dow Jones industrial average on Thursday dropped a staggering 679 points, or 7.3 percent, to close below the nine-thousand-line for the first time in five years. Australian, New Zealand and Hong Kong markets also fell sharply, while the president of the Indonesian stock exchange said trading will be suspended indefinitely to prevent deeper panic. Indonesian authorities had planned to reopen the market on Friday morning after a suspension was imposed on Wednesday. Find out more about AP Archive: http://www.aparchive.com/HowWeWork Twitter:   / ap_archive   Facebook:   / aparchives   ​​ Instagram:   / apnews   You can license this story through AP Archive: http://www.aparchive.com/metadata/you...