The Nikkei index closed in the Tokyo Stock Exchange lower today, Friday, ending gains that continued for eight consecutive sessions, as investor sentiment was undermined by fears due to a new rise in new cases of the emerging coronavirus inside and outside Japan.<\/p>\n\n\n\n
The benchmark Nikkei index fell 0.53% to 25,385.87 points. The index moved further closer to its three-decade high it reached in the previous session, but later trimmed its losses to close near its 29-year high.<\/p>\n\n\n\n
In the week, the Nikkei index gained 4.36%, largely due to optimism about the economic recovery fueled by promising data for vaccine trials.<\/p>\n\n\n\n
The broader Topix index fell 1.33% to 1,703.33 points. All but one of the 33 sub-sector indices on the Tokyo Stock Exchange fell.<\/p>\n\n\n\n
The main indexes of Wall Street closed sharply lower yesterday, as daily cases of Covid-19 rose above 100,000 for the eighth consecutive day, and investors are studying the schedule for a large-scale distribution of an effective vaccine for the virus.<\/p>\n\n\n\n
Japan recorded a record high of 1634 new cases on Thursday, according to Japan Radio and Television Corporation.<\/p>\n\n\n\n
Airlines were down about 3.6% as investors worried that another spike in Coronavirus Cases could lead to renewed movement restrictions.<\/p>\n\n\n\n
ANA Holdings fell 4.8%, and Japan Airlines lost 1.92%.<\/p>\n\n\n\n
Investors bought some shares of companies that benefited from staying at home, as Nintendo shares rose 1.08% and Sony’s shares rose 1.81%.<\/p>\n\n\n\n
Rakuten fell more than 2.9% after the company incurred an operating loss of 60.52 billion yen in the nine months ended September 30.<\/p>\n\n\n\n
Nissan Motor Co. rose 8.75% after the company cut its forecast for an annual operating loss of 28% on Thursday.<\/p>\n","protected":false},"excerpt":{"rendered":"
The Nikkei index closed in the Tokyo Stock Exchange lower today, Friday, ending gains that continued for eight consecutive sessions, as investor sentiment was undermined by fears due to a new rise in new cases of the emerging coronavirus inside and outside Japan. The benchmark Nikkei index fell 0.53% to 25,385.87 points. The index moved …<\/p>\n","protected":false},"author":9,"featured_media":32812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6939,6971],"class_list":["post-37098","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-japan","tag-nikkei"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=37098"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37098\/revisions"}],"predecessor-version":[{"id":37099,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/37098\/revisions\/37099"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/32812"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=37098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=37098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=37098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}