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Tokyo: Stocks open down over 3% on virus fears, oil prices

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Tokyo stocks opened down over three per cent on Monday on fears over the new coronavirus and a plunge in oil prices that sent the dollar down against the yen.

[TOKYO] Tokyo stocks opened down over three per cent on Monday on fears over the new coronavirus and a plunge in oil prices that sent the dollar down against the yen.

The benchmark Nikkei 225 index dropped 3.41 per cent or 707.92 points to 20,041.83 in early trade, while the broader Topix index was down 3.24 per cent or 47.63 points at 1,423.83.

AFP