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Tokyo stocks extend losses in morning on U.S. stimulus stalemate concerns

Xinhua News,TOKYO
2020-10-15 11:45

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TOKYO, Oct. 15 (Xinhua) -- Tokyo stocks extended losses Thursday morning, as an ongoing stalemate between U.S. Congress and the White House over a stimulus package to help counteract some of the the negative economic effects of the novel coronavirus, rattled the market.

The 225-issue Nikkei Stock Average dropped 109.10 points, or 0.46 percent, from Wednesday to 23,517.63.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 7.77 points, or 0.47 percent, at 1,636.13.

Pharmaceutical, precision instrument, and farm and fishery-oriented issues comprised those that declined the most by the morning break.
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