Tokyo shares drift lower in early trade
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TOKYO, April 26, 2021 (BSS/AFP) – Tokyo stocks slipped in early trade Monday as investors assess the impact of a virus state of emergency in Japan, although rallies on Wall Street provided support.
The benchmark Nikkei 225 index was off 0.35 percent or 101.17 points to 28,919.46 in early trade, while the broader Topix index slipped 0.27 percent or 5.12 points to 1,909.86.
The dollar stood at 107.84 yen, nearly unchanged from 107.89 seen Friday in New York.
The Tokyo market is facing pressure from renewed coronavirus restrictions being imposed on major commercial hubs, but the strength of US shares was encouraging investors to pick up bargains.
Asian markets fall after overnight Wall Street retreat
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Asian markets fall after overnight Wall Street retreat
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Asian markets fall after overnight Wall Street retreat
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