Tokyo stocks close lower after Trump tests positive for COVID-19 - Plataforma Media

Tokyo stocks close lower after Trump tests positive for COVID-19

Tokyo stocks closed lower Friday after reports US President Donald Trump had tested positive for the novel coronavirus unsettled sentiment, with the news coming amid an already cautious mood following a total shutdown of the exchange the previous day because of a worst-ever malfunction.

The 225-issue Nikkei Stock Average dropped 155.22 points, or 0.67 percent, from Wednesday to close the day at 23,029.90.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 16.27 points, or 1.00 percent, to finish at 1,609.22.

Reports that Trump had tested positive for the novel coronavirus contributed to a risk-off mood extending in the afternoon, with brokers saying the U.S. presidential election outlook could become even more unclear, which is unsettling for markets.

Read more in Shangai Daily

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