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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 three sessions, with the benchmark Nikkei 225 just below the 28,700 level, following the mixed cues overnight from Wall Street. Traders remain cautious amid the signs of a resurgence of the highly infectious Delta variant of COVID-19 and the news of another impending State of Emergency in Tokyo and other major areas.
The benchmark Nikkei 225 Index is losing 110.72 points or 0.38 percent to 28,680.81, after hitting a low of 28,644.74 and a high of 28,833.17 earlier. Japanese shares ended slightly lower on Wednesday.
Market heavyweight SoftBank Group is losing more than 1 percent, while Uniqlo operator Fast Retailing is edging up 0.2 percent. Among automakers, Toyota is losing almost 1 percent and Honda is flat.