Japanese shares have fallen by over 6 per cent on the first full trading day since the earthquake and tsunami hit the country.
The Nikkei 225 closed on 9,620.49, a fall of 6.18 per cent. The Bank of Japan has injected £114bn into the banking system to stabilise markets.
Over 10,000 people are feared dead after an earthquake measuring 8.9 on the Richter scale struck the North-East of Japan, triggering the tsunami, just before the close of trading in Tokyo on Friday.
The FTSE was steady on opening this morning. At 9.31am the blue-chip index stood at 5824.65.