Japanese shares fell on Monday,
dragged by concerns of slow economic growth due to the Delta
coronavirus variant, while Toyota Motor and Sony Group slid
after the yen strengthened. The. | August 16, 2021
The Nikkei share average closed 1.62% lower at 27,523.19, marking its biggest drop since July 30. The broader Topix slid 1.61% to 1,924.98 in its sharpest drop since June 21.
Japanese shares fell on Monday as concerns of slow economic growth due to the highly contagious Delta variant of COVID-19 weighed on investor sentiment, while market heavyweights Toyota Motor and Sony Group dropped due to a stronger yen.