Tokyo stocks close down 2.03% after weak China growth


TOKYO: Tokyo stocks dropped 2.03% Tuesday as investors locked in profits after the previous day's rise of almost 4%, while the yen rose against the dollar and weak China growth data hit sentiment.

The Nikkei 225 index at the Tokyo Stock Exchange lost 306.95 points to finish at 14,804.28. The Topix index of all first-section issues fell 1.55%, or 18.98 points, to 1,205.36.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Business News

Oil settles higher on Mideast supply concerns
Powering on data centres
Japan frets over relentless yen slide as BoJ keeps ultra-low rates
Making scents of success
Medical insurance premiums on the rise
Singapore’s growth trajectory remains intact and on track for faster growth in 2024
Blackstone, KKR mortgage REITs stung by office debt challenges
Are there too many GPs and is the healthcare system overwhelmed?
Rising data centre ability
Kelington to reap the benefits of a diversified business strategy

Others Also Read