BUSINESS Tokyo stocks close lower on concerns over prospects for US

BUSINESS

Tokyo stocks close lower on concerns over prospects for US

Xinhua

16:41, May 22, 2020

TOKYO, May 22 (Xinhua) -- Tokyo stocks closed lower Friday, remaining pressured after Wall Street's weak lead overnight after U.S. shares lost ground overnight on jobless claims data showing that millions of Americans are continuing to lose their jobs each week due to the ongoing effects of the pandemic.

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File photo: AFP

The 225-issue Nikkei Stock Average lost 164.15 points, or 0.80 percent, from Thursday at 20,388.16.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 13.41 points, or 0.90 percent, lower at 1,477.80.

Mining, iron and steel, and marine transportation issues comprised those that declined the most by the close of play. 


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