Tokyo stocks close lower on profit-taking | Malay Mail

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TOKYO, Dec 10 ― Tokyo stocks closed lower today as investors locked in profits, following falls on Wall Street as US lawmakers disagree over a proposed stimulus package. The benchmark Nikkei 225 index slipped 0.23 per cent, or 61.70 points, to 26,756.24, while the broader Topix index was down...

The benchmark Nikkei 225 index slipped 0.23 per cent, or 61.70 points, to 26,756.24, while the broader Topix index was down 0.18 per cent, or 3.21 points at 1,776.21. — Reuters pic

The benchmark Nikkei 225 index slipped 0.23 per cent, or 61.70 points, to 26,756.24, while the broader Topix index was down 0.18 per cent, or 3.21 points at 1,776.21. “Expectations are high that the US Congress will reach an early agreement on a stimulus,” he said, but added that “US shares dropped as investors disliked uncertainty over negotiations on the economic relief package”.In Tokyo, SoftBank Group soared 10.90 per cent to ¥8,306 as the value of its stake in US food delivery app DoorDash rose massively following its initial public offering.

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