Japan Shares Decline After Tokyo Raised The Coronavirus Warning to Its Highest Level

Japanese shares fell for the second session on Thursday, November 19, after the capital, Tokyo, issued the highest warning about the Coronavirus, as it recorded a record increase in daily cases, which raised concerns about strengthening restrictions on local economic activity.

The Nikkei index fell 0.36% to 25634.34 points at the close, while the broader Topix index compensated for early losses and ended the session 0.33% higher to 1726.41 points, supported by the industrial sector stocks.

Daily infection cases in Tokyo exceeded a record high and recorded more than 500, and the city governor warned that the situation would deteriorate unless measures were taken to control it.