Tokyo stocks close lower on profit-taking after rally, U.S. stimulus concerns

0 Comment(s)Print E-mail Xinhua, January 26, 2021
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TOKYO, Jan. 26 (Xinhua) -- Tokyo stocks closed lower Tuesday as investors secured gains following the benchmark Nikkei stock index's 30-year closing high the previous day, with concerns over the enactment of a massive U.S. stimulus plan and COVID-19 vaccination delays adding to a risk-off mood.

The 225-issue Nikkei Stock Average lost 276.11 points, or 0.96 percent, from Monday to close the day at 28,546.18.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 14.00 points, or 0.75 percent, to finish at 1,848.00.

Marine transportation, rubber product, and nonferrous metal-linked issues comprised those that declined the most by the close of play. Enditem

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