2021-04-20 13:06:14 GMT2021-04-20 21:06:14(Beijing Time) Xinhua English
TOKYO, April 20 (Xinhua) Tokyo stocks closed lower Tuesday, with the benchmark Nikkei stock index sinking to a one-month low on concerns that surging virus cases in Japan could lead to stricter business restrictions in urban areas and the slowing of the economic recovery.
The 225-issue Nikkei Stock Average dropped 584.99 points, or 1.97 percent, from Monday to close the day at 29,100.38, marking its lowest closing level since March 25.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 30.31 points, or 1.55 percent, to finish at 1,926.25.
Local brokers said the majority of sectors retreated into negative territory as investor sentiment was dented from the get-go by the likelihood that the western prefecture of Osaka may soon be put under a prefecture-specific state of emergency by the central government.
Nikkei ends at 1-month low on fears of new virus state of emergency
April 20, 2021 (Mainichi Japan)
This Oct. 1, 2020 file photo shows the Tokyo Stock Exchange. (Mainichi) TOKYO (Kyodo) The Nikkei stock index ended Tuesday at a one-month low on concern that a recent resurgence of COVID-19 cases may lead to the declaration of another state of emergency in major areas of Japan and further restrain economic activity. The 225-issue Nikkei Stock Average ended down 584.99 points, or 1.97 percent, from Monday at 29,100.38, its lowest closing since March 25. The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 30.31 points, or 1.55 percent, lower at 1,926.25.
Asian Markets Mostly Higher
CANBERA (dpa-AFX) - Asian stock markets are broadly higher on Wednesday, following largely positive cues overnight from Wall Street and the International Monetary Fund s rosy view on Asia s economic outlook. Markets in the region remain cautious amid the surge in coronavirus cases in the region and the possible restrictions on economic activity in several markets. Asian markets closed higher on Tuesday.
The IMF said Tuesday that the Asian economy is expected to expand 7.6 percent in 2021, up from its previous outlook in October last year for an expansion of 6.9 percent. IMF expects Asia s economy to grow 5.4 percent in 2022.
Japanese Market Lower
TOKYO (dpa-AFX) - The Japanese stock market is lower in choppy trading on Wednesday, reversing the gains of the previous session, with the benchmark Nikkei index above the 29,600 level, as traders are cautious amid the continued surge in coronavirus infections, with daily cases in Osaka breaching the 1,000 mark. However, the cues overnight from Wall Street were largely positive.
The benchmark Nikkei 225 Index is losing 93.49 points or 0.31 percent to 29,658.12, after touching a high of 29,867.94 and a low of 29,567.18 earlier in choppy trading. Japanese stocks closed higher on Tuesday.
Market heavyweight SoftBank Group is edging down 0.4 percent and Uniqlo operator Fast Retailing is losing more than 1 percent. Among automakers, Honda is edging up 0.1 percent, while Toyota is edging down 0.2 percent.
2021-04-14 12:35:38 GMT2021-04-14 20:35:38(Beijing Time) Xinhua English
TOKYO, April 14 (Xinhua) Tokyo stocks closed lower Wednesday as buying was impacted by the yen s strength against the U.S. dollar and concerns over Johnson & Johnson s coronavirus vaccine after it was paused by U.S. health authorities due to instances of blood clots.
The 225-issue Nikkei Stock Average dropped 130.62 points, or 0.44 percent, from Tuesday to close the day at 29,620.99.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 6.37 points, or 0.33 percent, to finish at 1,952.18.
After inheriting a weak lead from some U.S. shares losing ground overnight, a circumspect mood grew in Tokyo trading owing to domestic COVID-19 cases continuing to increase, with the western prefecture of Osaka recording a record number of new infections for a second-straight day, traders here said.