Fear of lockdown weighs on Tokyo stock exchange

Woman in front of stock market scoreboard in Tokyo

The fear of tightened measures in Tokyo is weakening the Asian stock exchanges.

(Photo: dpa)

Such The Tokyo stock exchange initially showed itself to be weaker at the start of the year. Experts referred to an announcement by Prime Minister Yoshihide Suga to examine the declaration of a state of emergency because of the coronavirus pandemic in Tokyo and the surrounding prefectures.

The Nikkei index, comprising 225 values, was down 0.4 percent on Monday at 27,327 points. The broader Topix index fell 0.7 percent to 1793 points.

The Shanghai stock exchange was up 0.2 percent. The index of the most important companies in Shanghai and Shenzen gained 0.3 percent. The MSCI index for Asian stocks outside of Japan barely moved.

In Asian foreign exchange trading, the dollar lost 0.2 percent to 103.00 yen and was 0.5 percent to 6.4931 yuan. In relation to the Swiss currency, it was quoted 0.2 percent lower at 0.8832 francs. At the same time, the euro rose 0.9 percent to 1.2250 dollars and rose 0.2 percent to 1.0824 francs. The pound sterling gained 0.1 percent to $ 1.3688.

More: Despite Corona, experts are very optimistic about 2021. Why this is so, and where analysts still see favorable entry opportunities.


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