BUSINESS Tokyo stocks retreat in morning on global economic concerns

BUSINESS

Tokyo stocks retreat in morning on global economic concerns

Xinhua

12:14, August 15, 2019

TOKYO, Aug. 15 (Xinhua) -- Tokyo stocks lost ground Thursday morning, after Wall Street plummeted overnight as the bond market pointed to a looming recession, coupled with other indicators suggesting a faltering global economy.

VCG111174328694.jpg

File photo: AFP

The 225-issue Nikkei Stock Average dropped 250.21 points, or 1.21 percent, from Wednesday to 20,404.92.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 17.62 points, or 1.18 percent, at 1,481.88.

All industry categories retreated into negative territory, with oil and coal product, mining and precision instrument-linked issues comprising those that declined the most by the morning break.

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