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Nikkei closes with biggest fall in 3 months on China property fears

Nikkei closes with biggest fall in 3 months on China property fears
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Tokyo stocks close higher after recent falls

(Photo by James Matsumoto/SOPA Images/LightRocket Tokyo shares closed higher Tuesday on bargain-hunting as investors shrugged off news of a shrinking economy in Japan. The benchmark Nikkei 225 index jumped 2.09% to end at 28 406.84, while the broader Topix index added 1.54% to 1 907.74. Investors sought bargains after recent falls, including a 0.92% loss in the Nikkei index on Monday. Tokyo shares closed higher Tuesday on bargain-hunting as investors shrugged off news of a shrinking economy in Japan and ongoing worries over coronavirus infections. The benchmark Nikkei 225 index jumped 2.09%, or 582.01 points, to end at 28 406.84, while the broader Topix index added 1.54%, or 28.88 points, to 1 907.74. Investors sought bargains after recent falls, including a 0.92% loss in the Nikkei index on Monday, while the yen slowed its appreciation against the dollar, giving some support to the market.

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