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Friday May 17, 2024

Tokyo stocks end mixed on US interest rate concerns


Nepalnews
2021 Mar 05, 14:53, TOKYO
A man wearing a face mask walks by an electronic stock board of a securities firm in Tokyo, Tuesday, Feb. 16, 2021. Asian shares advanced on Tuesday, lifted by the economic recovery, vaccine rollouts and signs that new coronavirus cases may be abating. Photo via AP

 Tokyo stocks ended mixed Friday amid continued concerns over a recent surge in US bond yields and higher interest rates, but losses were trimmed ahead of the release of key US jobs data.

The 225-issue Nikkei Stock Average lost 65.79 points, or 0.23 percent, from Thursday to close the day at 28,864.32.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 11.44 points, or 0.61 percent, to finish at 1,896.18.

Real estate, service and marine transportation-linked issues comprised those that declined the most by the close of play.


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