Tokyo stocks close lower on overheating concerns

Xinhua
30 Nov 2020, 17:44 GMT+10

TOKYO, Nov. 30 (Xinhua) -- Tokyo stocks closed lower Monday amid concerns that the market has overheated recently.

The 225-issue Nikkei Stock Average decreased by 211.09 points, or 0.79 percent lower, from Friday to close at 26,433.62.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, ended 31.60 points, or 1.77 percent lower, at 1,754.92.

Mining, rubber product, and oil and coal product issues comprised those that decreased the most by the close of play.

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