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


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


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.


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.

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