Japanese Market Sharply Lower
TOKYO (dpa-AFX) - Japanese stock market is sharply lower on Monday, extending the losses of the previous three sessions, with the Nikkei 225 losing more than 500 points to slip below the 27,500 level, following the broadly negative cues from Wall Street on Friday. Traders also continue to be spooked amid the surge in the spread of the highly contagious coronavirus variants as even some Tokyo Olympics participants have tested positive.
The benchmark Nikkei 225 Index is down 507.72 points or 1.81 percent at the day s low of 27,495.36. Japanese shares ended significantly lower on Friday.
Market heavyweight SoftBank Group is losing more than 2 percent and Uniqlo operator Fast Retailing is down more than 1 percent. Among automakers, Honda is losing more than 2 percent and Toyota is down more than 1 percent.
Japanese Market Significantly Lower
TOKYO (dpa-AFX) - The Japanese stock market is significantly lower on Friday, extending the losses of the previous two sessions, with the benchmark Nikkei 225 just breaking below the 28,000 mark, following the negative cues overnight from Wall Street, as traders are spooked by the spike in the fresh wave of COVID-19 infections. They also await the Bank of Japan s monetary policy decision due later today.
Japan has already declared a fourth state of emergency for Tokyo until August 22 to combat a recent surge in infections ahead of the Olympic Games opening ceremony in the city in a week. The Tokyo metropolitan government reported 1308 new infections on Thursday, the highest figure since mid-January.
Asian Markets Mostly Lower
CANBERA (dpa-AFX) - Asian stock markets are trading mostly lower on Friday, following the negative cues overnight from Wall Street on sinking crude oil prices, renewed Covid-19 concerns and rising tensions between China and the U.S. Traders are also worried about the global economy as some central banks around the world are considering tightening monetary policy much sooner than the US Federal Reserve. Asian markets ended mixed on Thursday.
Australian stock market is slightly lower on Friday, extending the losses in the previous session, with the benchmark S&P/ASX 200 staying above the 7,300 level, following the negative cues overnight from Wall Street, as financial and mining stocks are taking a beating. Traders also remain concerned amid the rapid spread of highly contagious coronavirus variants in New South Wales and now in Victoria, with both greater Sydney and Melbourne under lockdowns.
Tokyo stocks finish lower on rising fears of COVID-19, weak large cap issues - World News sina.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sina.com Daily Mail and Mail on Sunday newspapers.
Japanese Market Significantly Lower
TOKYO (dpa-AFX) - The Japanese stock market is significantly lower on Thursday, extending the losses of the previous session, with the benchmark Nikkei 225 just below the 28,400 level, following the lack of 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 benchmark Nikkei 225 Index is losing 248.11 points or 0.87 percent to 28,360.38, after hitting a low of 28,346.20 earlier. Japanese shares ended modestly lower on Wednesday.
Market heavyweight SoftBank Group is losing almost 1 percent and Uniqlo operator Fast Retailing is down more than 1 percent. Among automakers, Toyota is edging down 0.3 percent and Honda is losing more than 1 percent.