BUSINESS Tokyo shares drop as GDP shows record quarterly fall

BUSINESS

Tokyo shares drop as GDP shows record quarterly fall

AFP

08:28, August 17, 2020

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File photo: AFP

Tokyo shares dropped Monday after official data showed the nation's economy experienced a record quarterly contraction of 7.8 percent.

The benchmark Nikkei 225 index fell 76.98 points or 0.33 percent to 23,212.38 in early trade, while the broader Topix index eased 1.76 points or 0.11 percent to 1,621.62.


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