business

Tokyo stocks open lower on growing COVID-19 concerns

TOKYO, Nov. 20 (Xinhua) — Tokyo stocks opened lower Friday as worries deepened that increasing COVID-19 cases across the world will negatively affect economic and business activity.

As of 9:15 a.m., the 225-issue Nikkei Stock Average lost 158.09 points, or 0.62 percent, from Thursday to 25,476.25.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 6.30 points, or 0.36 percent, at 1,720.11.

Insurance, precision instrument and pulp and paper issues comprised those that declined the most in the opening minutes after the morning bell.

Related posts

China’s logistics demand continues to improve in Jan.-Sept.

xxx

Full Text: Report on China’s central and local budgets

xxx

Shenzhen Bay control point to provide round-the-clock cargo clearance service: HKSAR gov’t

xxx