Tokyo stocks close down ahead of US jobs data

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Tokyo stocks closed sharply lower on Friday as semiconductor-related shares dropped after falls on Wall Street, while investors eyed key US jobs data.

A man walks past an electronic board displaying stock prices of Nikkei 225 listed on the Tokyo Stock Exchange along a street in Tokyo on April 4, 2024.

The US non-farm payrolls report, due later in the day, “will serve as the ultimate determinant in a challenging week for markets,” said Stephen Innes, managing partner of SPI Asset Management. Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.

Minister of Power, Adebayo Adelabu; Group Chief Executive Officer of Nigerian National Petroleum Corporation Limited , Mele Kyari; Edo State Governor, Godwin Obaseki and his Nasarawa State counterpart, Abdullahi Sule Telecommunications operators urged deposit money banks to pay up the N200 billion unstructured supplementary service data debts they owed them.

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