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Tokyo stocks drop in morning as virus rise dents transportation issues

(Xinhua)    13:17, July 20, 2020

Tokyo stocks dropped Monday morning as a rise in global coronavirus cases hurt transportation-oriented issues amid concerns over the pace of the global economic recovery from the pandemic.

The 225-issue Nikkei Stock Average lost 80.19 points, or 0.35 percent, from Friday to 22,616.23.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 5 points, or 0.32 percent, at 1,568.85.

Air transportation, mining and land transportation issues comprised those that declined the most by the morning break.

(For the latest China news, Please follow People's Daily on Twitter and Facebook)(Web editor: Wen Ying, Bianji)

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