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Tokyo stocks turn lower on domestic coronavirus fears


Tokyo stocks turn lower on domestic coronavirus fears
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JIJI
Apr 8, 2021
Tokyo stocks fell back in lackluster trading Thursday, as investor concerns over the coronavirus resurgence in Japan grew.
The 225-issue Nikkei average shed 21.81points, or 0.07%, to close at 29,708.98, following a 34.16-point gain Wednesday.
The Topix index of all first section issues finished 15.57 points, or 0.79%, lower at 1,951.86, after advancing 13.09 points the previous day.
Stocks, particularly economically sensitive cyclicals, met with selling from the outset amid spreading concerns over sharp increases in the number of coronavirus cases in various parts of Japan and waning hopes for the country’s economic recovery. The Nikkei gave up over 200 points at one point in early morning trading. ....

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