Mon, 30 Nov 2020

Tokyo stocks ended lower Tuesday on dwindling chances of a US stimulus package, as some investors took a wait-and-see approach ahead of the corporate earnings season.

The Tokyo market began the day under pressure after overnight falls on Wall Street.

"In the afternoon session in particular, investors began to take a wait-and-see stance ahead of a corporate earnings season, starting at the end of this month," said Okasan.

SoftBank Group lost 1.44% to ¥7 140 following reports that it plans to pour more than $20 billion into its new investment business.

Toyota fell 0.69% to ¥6 897. Nintendo gave up 1.75% to 57 220, but Sony added 1.69% to ¥7 900.

Source: News24

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