CHAIRMAN: DR. KHALID BIN THANI AL THANI
EDITOR-IN-CHIEF: DR. KHALID MUBARAK AL-SHAFI

Business / Stock Market

Tokyo stocks close lower on US tax reform jitters

Published: 13 Nov 2017 - 09:36 am | Last Updated: 01 Nov 2021 - 04:49 am
File Photo.

File Photo.

AFP

Tokyo: Tokyo stocks closed lower on Monday, hit by fears of a delay in US corporate tax cuts and selling to lock in profits after recent gains.

The benchmark Nikkei 225 index lost 1.32 percent, or 300.43 points, to 22,380.99 while the broader Topix index was down 0.94 percent, or 16.95 points, to 1,783.49.