Tokyo stocks plummet in morning on trade concerns, yen's rise

0 Comment(s)Print E-mail Xinhua, August 5, 2019
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TOKYO, Aug. 5 (Xinhua) -- Tokyo stocks plummeted Monday morning on heightened concerns over the future course of the globe economy amid escalating trade issues and the yen's rise.

The 225-issue Nikkei Stock Average dropped 496.29 points, or 2.35 percent, from Friday to 20,590.87.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 36.85 points, or 2.40 percent, at 1,496.61.

All industry categories on the main section retreated into negative territory, with chemical, electric appliance, and glass and ceramic products-linked issues comprising those that declined the most. Enditem

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