Tokyo stocks close lower on fears of worsening pandemic | Malay Mail

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Tokyo stocks close lower on fears of worsening pandemic | Malay Mail
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TOKYO, June 22 — Tokyo stocks closed lower today, with fears over increasing global virus infections outweighing hopes for a resumption of business activity and investors eyeing economic indicators due this week. The benchmark Nikkei 225 index ended down 0.18 per cent, or 41.52 points, at...

The benchmark Nikkei 225 index ended down 0.18 per cent, or 41.52 points, at 22,437.27, while the broader Topix index fell 0.23 per cent, or 3.71 points, to 1,579.09. — AFP pic

“Concerns over a second wave of the coronavirus infection abroad led sell orders in early trade, although some started bargain hunting later,” Okasan Online Securities said. Brazil registered its 50,000th death from the coronavirus outbreak yesterday, underlining Latin America’s desperate struggle to contain the disease, as Europe’s gradual emergence from lockdown was marked by Spain reopening its borders.

 

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