Tokyo stocks drop in morning on profit-taking after Nikkei's 30-year high

Source: Xinhua| 2021-01-26 12:30:55|Editor: huaxia

TOKYO, Jan. 26 (Xinhua) -- Tokyo stocks lost ground Tuesday morning as investors took profits following the Nikkei's 30-year closing high the previous day, with concerns over the enactment of a massive U.S. economic stimulus plan adding to a risk-off mood.

The 225-issue Nikkei Stock Average lost 181.16 points, or 0.63 percent, from Monday to 28,641.13.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 9.04 points, or 0.49 percent, at 1,852.96.

Marine transportation, rubber product, and nonferrous metal issues comprised those that declined the most by the morning break. Enditem