Tokyo stocks dropped Wednesday morning on rekindled concerns over the pace of global economic recovery from the coronavirus pandemic as Europe grapples with a resurgence of infections and uncertainty surrounds U.S. stimulus measures.
The 225-issue Nikkei Stock Average fell 139.97 points, or 0.60 percent, from Friday to 23,220.33. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 8.94 points, or 0.54 percent, at 1,637.48. Japanese markets were closed Monday and Tuesday for national holidays.
Decliners were led by mining, iron and steel, and insurance issues.