Tue, 01 Dec 2020

TOKYO, Oct. 22 (Xinhua) -- Tokyo stocks closed lower Thursday as the yen's strength dented investor sentiment amid the ongoing uncertainty as to whether a new round of COVID-19 stimulus measures for the virus-hit U.S. economy will be enacted before the U.S. presidential election on Nov. 3.

The 225-issue Nikkei Stock Average dropped 165.19 points, or 0.70 percent, from Wednesday to close the day at 23,474.27.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 17.81 points, or 1.09 percent, to finish at 1,619.79.

Air transportation, pharmaceutical, and electric power and gas-oriented issues comprised those that declined the most by the close of play.

Sign up for Osaka News

a daily newsletter full of things to discuss over drinks.and the great thing is that it's on the house!