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Tokyo Stock Exchange cautious ahead of Chinese figures

2021-08-31T04:17:44.749Z

The Tokyo Stock Exchange was down slightly Tuesday morning, after the scattered order close of Wall Street the day before and awaiting ...



The Tokyo Stock Exchange was down slightly Tuesday morning, after the scattered close of Wall Street the day before and pending Chinese economic data.

The flagship Nikkei index lost 0.24% to 27,723.52 points around 01:00 GMT, and the extended Topix index fell 0.32% to 1,943.98 points.

See also The Paris Bourse lacks dynamism (+ 0.08%)

"

Japanese stocks are heading lower as the mixed close on Wall Street gave little reason (for investors) to buy,

" Monex's Toshiyuki Kanayama commented in a note.

Investors in Japan were also watching the release expected before the end of the session of the purchasing managers' indices in China for the manufacturing and non-manufacturing sectors in August, Kanayama added.

Read alsoThe Tokyo Stock Exchange took advantage of the Fed and Wall Street

The unemployment rate in Japan also fell slightly in July, to 2.8% of the working population according to figures released Tuesday before the opening, an improvement that should be short-lived because of the outbreak of infections in Covid-19 registered in the country and health restriction measures put in place. Industrial production in the Archipelago, for its part, fell back 1.5% over one month in July, reflecting the ever-present impact of the shortage of semiconductors.

Source: lefigaro

All business articles on 2021-08-31

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