Tokyo stocks close sharply lower as global COVID-19 cases top 10 mil.

0 Comment(s)Print E-mail Xinhua, June 29, 2020
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TOKYO, June 29 (Xinhua) -- Tokyo stocks closed sharply lower Monday as investor sentiment was dented by concerns over the recovery of the global economy from the pandemic as worldwide COVID-19 cases surpassed 10 million.

The 225-issue Nikkei Stock Average dropped 517.04 points, or 2.30 percent, from Friday to close the day at 21,995.04.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 28.15 points, or 1.78 percent, lower at 1,549.22.

Every industry category retreated into negative territory, with iron and steel, mining, and air transportation issues comprising those that declined the most by the close of play. Enditem

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