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Tokyo stocks close lower on concerns over U.S. economic recovery

Xinhua News,TOKYO
2020-08-20 15:59

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TOKYO, Aug. 20 (Xinhua) -- Tokyo stocks closed lower Thursday on the rising concerns over the U.S. economic recovery which were reflected in the U.S. Federal Reserve's July policy meeting released overnight.

The 225-issue Nikkei Stock Average dropped 229.99 points, or 1.00 percent, from Wednesday to close the day at 22,880.62.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 14.53 points, or 0.90 percent, to finish at 1,599.20.

Electric appliance, real estate and metal product issues comprised those that declined the most by the close of play.
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