Problems with vaccination schedule weigh on Japanese stock market

Woman in front of stock market scoreboard in Tokyo

Asian investors fear the corona pandemic will have a longer impact than previously assumed.


(Photo: dpa)

Such Concerns about possible delays in the corona vaccination campaigns in various countries weighed on the Tokyo stock exchange on Tuesday. Investors are worried that the virus will play a role longer than expected, said Norihiro Fujito from Mitsubishi UFJ Morgan Stanley Securities.

The Nikkei index, which comprises 225 values, was 0.6 percent lower at 28,641 points. The broader Topix index fell 0.5 percent and stood at 1853 points.

The stock exchange in Shanghai was 1.3 percent in the red. The index of the most important companies in Shanghai and Shenzen lost 1.6 percent. The MSCI index for Asian stocks outside of Japan rose 1.3 percent.

In Asian foreign exchange trading, the dollar was almost unchanged at 103.69 yen, down 0.1 percent to 6.4718 yuan. In relation to the Swiss currency, it was quoted 0.1 percent lower at 0.8876 francs. At the same time, the euro rose 0.1 percent to 1.2145 dollars and rose 0.1 percent to 1.0785 francs. The pound sterling stagnated at $ 1.3674.

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