Tokyo stocks close lower on tech slump | Malay Mail

📆 25/10/2021 13:32:00
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TOKYO, Oct 25 — Tokyo stocks closed lower on Monday, led by declines in tech shares with investors cautiously focused on corporate earnings and Japan’s upcoming general election. The benchmark Nikkei 225 index fell 0.71 per cent, or 204.44 points, to 28,600.41, while the broader Topix index...

TOKYO, Oct 25 — Tokyo stocks closed lower on Monday, led by declines in tech shares with investors cautiously focused on corporate earnings and Japan’s upcoming general election.

The Nasdaq dropped 0.8 per cent in US trading on Friday, prompting investors to sell tech-related shares, brokers said. “Players appear more cautious about upcoming general elections after the by-election result,” said Yoshihiro Okumura of Chibagin Asset Management.

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