Roundup: Tokyo stocks close lower with gains locked in after 31-year high - World News
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Roundup: Tokyo stocks close lower with gains locked in after 31-year high
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Roundup: Tokyo stocks close lower with gains locked in after 31-year high
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Japanese Market Modestly Lower
TOKYO (dpa-AFX) - The Japanese stock market is modestly lower on Thursday, extending the losses of the previous session, with the benchmark Nikkei 225 just above the 28,200 level, ignoring the positive cues overnight from Wall Street, as traders remain cautious amid the continued acceleration in the new wave of coronavirus cases, particularly in Olympic city Tokyo.
The Japanese government is planning to declare another COVID-19 state of emergency in Tokyo until August 22 to combat a recent surge in infections. The Tokyo metropolitan government reported 920 new infections on Wednesday, the highest figure since mid-May.
The benchmark Nikkei 225 Index is losing 158.91 points or 0.56 percent to 28,208.04, after hitting a low of 28,199.22 earlier. Japanese shares ended notably lower on Wednesday.