BUSINESS Tokyo stocks close lower on weaker-than-expected GDP data

BUSINESS

Tokyo stocks close lower on weaker-than-expected GDP data

Xinhua

15:28, February 17, 2020

TOKYO, Feb. 17 (Xinhua) -- Tokyo stocks closed lower Monday as weaker-than-expected Japanese gross domestic product data for the October-December quarter sparked concerns about the future health of the world's third-largest economy amid a downbeat mood.

039eab3dd4574e5e842330754caeea61.jpg

File photo: AFP

The 225-issue Nikkei Stock Average lost 164.35 points, or 0.69 percent, from Friday to close the day at 23,523.24.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 15.10 points, or 0.89 percent, to finish at 1,687.77.

Air transportation, food and metal product-oriented issues comprised those that declined the most by the close of play.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue