Tokyo, May 20 (Jiji Press)--Japanese stocks fell in Tokyo trading Wednesday, driven lower by rising interest rates globally, with the benchmark Nikkei 225 stock average ending below 60,000 for the first time since May 1. The Nikkei index closed at 59,804.41, down 746.18 points, or 1.23 pct. The broader TOPIX index lost 59.02 points, or 1.53 pct, to 3,791.65. Stocks were pressured by higher interest rates globally as elevated oil prices fuel concerns about rising inflation. END [Copyright The Jiji Press, Ltd.]
Nikkei Index Ends Below 60,000 for 1st Time since May 1
Tokyo, May 20 (Jiji Press)--Japanese stocks fell in Tokyo trading Wednesday, driven lower by rising interest rates globally, with the benchmark Nikkei 225 stock average ending below 60,000 for the first time since May 1. The Nikkei index closed at 59,804.41, down 746.18 points,
82 words~1 min read
