News Column

Tokyo stocks continue to decline in morning on weak China data

January 23, 2014

TOKYO , Jan. 24 -- ( Kyodo ) _ Tokyo stocks extended losses Friday morning, with the Nikkei hitting a one-month intraday low on lower U.S and European stocks overnight following disappointing Chinese economic data for January. The 225-issue Nikkei Stock Average, which sagged about 120 points the previous day, shed an additional 241.09 points, or 1.54 percent, to 15,454.80. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 16.95 points, or 1.32 percent, to 1,270.57. A broad range of shares fell, with the insurance, bank, and information and communication sectors among major decliners.

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Source: Japan Economic Newswire

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