Tokyo
Tokyo stocks closed lower Monday after falls on Wall Street with US President-elect Joe Biden’s $1.9-trillion stimulus plan largely priced in. The benchmark Nikkei 225 index fell 0.97 percent, or 276.97 points, to end at 28,242.21, while the broader Topix index slipped 0.60 percent, or 11.12 points, to 1,845.49. Mizuho Securities said investors were seen “disheartened by falls in US shares” on profit-taking. Biden on Thursday detailed a mammoth economic rescue package to address what he called “the twin crises of a pandemic and this sinking economy”.—AFP
