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Tokyo stocks close down on virus worries, higher yen | Malay Mail

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TOKYO, June 18 — Tokyo stocks closed lower on Thursday as fears of a second wave of coronavirus infections and a stronger yen weighed on the market. The benchmark Nikkei 225 index fell 0.45 per cent, or 100.30 points, to 22,355.46, while the broader Topix index slipped 0.25 per cent, or 4.00...

The benchmark Nikkei 225 index fell 0.45 per cent, or 100.30 points, to 22,355.46, while the broader Topix index slipped 0.25 per cent, or 4.00 points, to 1,583.09. — Reuters pic

The benchmark Nikkei 225 index fell 0.45 per cent, or 100.30 points, to 22,355.46, while the broader Topix index slipped 0.25 per cent, or 4.00 points, to 1,583.09. In New York, the Dow and S&P 500 both fell Wednesday as markets monitored increased coronavirus cases amid worries that US stocks are overvalued.“The current level of the yen is still acceptable but a further gain would be a problem,” Horiuchi told AFP.

In Tokyo, automakers were among losers, with Toyota down 0.82 per cent at ¥6,887 and Nissan down 1.72 per cent at ¥422.7.

 

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