BUSINESS Tokyo stocks open lower on concerns over spike in COVID-19 cases

BUSINESS

Tokyo stocks open lower on concerns over spike in COVID-19 cases

Xinhua

09:12, June 15, 2020

TOKYO, June 15 (Xinhua) - Tokyo stocks opened lower Monday as investor sentiment was dented by a resurgence of COVID-19 cases in Tokyo over the weekend and fears about a second wave of the pandemic hitting.

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A financial data board in Tokyo shows the Nikkei Stock Average on April 30, 2020. (Photo: CFP)

As of 9:15 a.m., the 225-issue Nikkei Stock Average dropped 179.13 points, or 0.80 percent, from Friday to 22,126.35.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 4.86 points, or 0.31 percent, at 1,565.82.

Real estate, marine transportation and consumer credit-linked issues comprised those that declined the most in the opening minutes after the morning bell. 

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