DHAKA: Shares in Japanese automaker Mitsubishi Motors plunged 13.5% in Friday trade to close at 504 yen.

It was the third day of hefty falls, sparked by news on Wednesday that the company admitted falsifying fuel economy data for more than 600,000 vehicles sold in Japan.

Government officials raided a company office and authorities want a full report from the company in weeks.

The shares are 40% cheaper than before news of the false data emerged, reports the BBC.

Elsewhere on the Asian markets, shares of consumer electronics giant Sony also traded lower and closed down 1.7%.

The company trimmed nearly 10% off its previous profit estimate for the full year to March 2016, due to a one-off charge. Sony is scheduled to report its financial results next week.

On the broader Japanese market, the benchmark Nikkei 225 index reversed earlier losses and ended the Friday session higher by 1.2% - or 208.87 points - at 17,572.49.

BDST: 1836 HRS, APR 22, 2016
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** Mitsubishi Motors scandal widens