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Tokyo Stocks Extend Slide as Nikkei Dips Below 50,000 in Morning Trade

Tourism-linked shares faced selling on concern about weaker inbound demand.

Overview

  • Nikkei 225 stood at 49,897.51 at 09:15 JST on November 17, down 479.02, with TOPIX at 3,334.38, down 25.43.
  • The index briefly fell more than 500 points and slipped under the 50,000 mark during the morning session.
  • The dollar traded near ¥154.58 at 09:00 Japan time, reflecting continued yen softness.
  • Monday’s declines followed a sharp 905.30 drop in the Nikkei at the November 14 close and a weaker U.S. Dow that day.
  • The figures are an intraday snapshot from Tokyo trading and may shift as the session progresses.