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Nikkei drops nearly 3% at open on coronavirus fears

UNITED STATES (OBSERVATORY NEWS) — Nikkei drops nearly 3% at open on coronavirus fears, AFP news agency reports on Friday.

Tokyo’s key Nikkei index plunged nearly three per cent at the open after US and European sell-offs with investors worried about the economic impact of the coronavirus outbreak.

The Nikkei 225 lost 2.91 per cent, or 639.27 points, to 21,308.96 while the broader Topix index was down 2.64 per cent, or 41.36 points, at 1,526.70.

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