BUSINESS Tokyo stocks drop in morning as partial lockdown orders issued in Europe

BUSINESS

Tokyo stocks drop in morning as partial lockdown orders issued in Europe

Xinhua

12:06, October 29, 2020

TOKYO, Oct. 29 (Xinhua) -- Tokyo stocks dropped Thursday morning amid concerns over the pace of the global economic recovery from the pandemic after France and Germany said they will issue partial lockdowns in the face of rising COVID-19 cases.

The 225-issue Nikkei Stock Average fell 156.53 points, or 0.67 percent, from Wednesday to 23,261.98.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 7.79 points, or 0.48 percent, at 1,604.76.

Securities house, oil and coal product, and iron and steel-oriented issues comprised those that declined the most by the morning break. Enditem

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