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Tokyo stocks close lower on yen's rise, surge in virus cases

Xinhua News,TOKYO
2020-10-28 15:22

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TOKYO, Oct. 28 (Xinhua) -- Tokyo stocks closed lower Wednesday as the yen's rise against the U.S. dollar hurt exporter issues amid ongoing concerns about coronavirus cases surging in Europe and the United States.

The 225-issue Nikkei Stock Average lost 67.29 points, or 0.29 percent, from Tuesday to close the day at 23,418.51.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 4.98 points, or 0.31 percent, to finish at 1,612.55.

Mining, iron and steel, and insurance-linked issues comprised those that declined the most by the close of play.
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