Tokyo stocks close lower as plummeting U.S. economic data sparks concerns

0
An electronic board showing the closing numbers of Nikkei Stock Average in Tokyo, Japan, on March 6, 2020. Tokyo stocks closed sharply lower Friday as investor sentiment was risk-averse from the outset following a global equities rout triggered by an escalation in concern over the spread of the coronavirus. (Xinhua/Du Xiaoyi)
An electronic board showing the closing numbers of Nikkei Stock Average in Tokyo, Japan, on March 6, 2020. Tokyo stocks closed sharply lower Friday as investor sentiment was risk-averse from the outset following a global equities rout triggered by an escalation in concern over the spread of the coronavirus. (Xinhua/Du Xiaoyi)

Tokyo stocks closed lower Thursday on concerns for the outlook of the U.S. economy after retail sales and industrial output data plummeted in March amid the coronavirus pandemic.

The 225-issue Nikkei Stock Average dropped 259.89 points, or 1.33 percent, from Wednesday to close the day at 19,290.20.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 11.83 points, or 0.82 percent, to finish at 1,422.24.

Marine transportation, transportation equipment and nonferrous metal issues comprised those that declined the most by the close of play. Enditem

Send your news stories to newsghana101@gmail.com and via WhatsApp on +233 244244807
Follow News Ghana on Google News

LEAVE A REPLY

Please enter your comment!
Please enter your name here