The Nikkei star index fell 1.1% to 25,728.14 points and the expanded Topix index fell 0.81% to 1,720.65 points.
The Tokyo Stock Exchange ended sharply lower on Wednesday, particularly concerned about a new wave of the coronavirus in Japan and the rise of the yen, while Hong Kong and Shanghai signed small gains.
In Tokyo, the Nikkei star index dropped 1.1% to 25,728.14 points and the expanded Topix index fell 0.81% to 1720.65 points.
Local authorities in Tokyo have recorded 493 new cases in the past 24 hours, a record for the Japanese capital since the start of the pandemic.
The megalopolis could raise its alert level to its maximum on Thursday, as this summer, and ask certain businesses to reduce their opening hours again, according to the business daily Nikkei.
A record was also reached on Wednesday at the national level with more than 2,000 new cases identified in 24 hours, local media later announced.
In Hong Kong, after an indecisive start to the session, the Hang Seng index appreciated 0.49% to 26,544.29 points. The Shanghai composite index also rose slightly (+ 0.22% to 3347.30 points) but that of Shenzhen lost 0.34% to 2261.59 points.
On the side of values
DISTRIBUTION IN SUFFERING
Several stocks strongly linked to consumption in Japan have been affected by the risk of the return of new restrictions in the country in the face of Covid-19.
The stocks of the department store groups Marui and J. Front Retailing thus lost 4.55% to 2,031 yen and 2.14% to 867 yen respectively. The Japanese ready-to-wear giant Fast Retailing (Uniqlo) fell 2.56% to 85,200 yen, the cosmetics group Shiseido lost 1.17% to 7,226 yen and the Japanese number one in convenience stores Seven & i Holdings dropped 1.14% to 3,372 yen.
On the currency and oil side
The yen, a safe haven, appreciated significantly against the greenback, a negative movement for Japanese exporting stocks.
At around 8:40 a.m. GMT the dollar was trading below 104 yen (103.95 yen), against 104.19 yen on Tuesday at 9:00 p.m. GMT. It was still worth 104.58 yen on Monday at 9:00 p.m. GMT.
The European currency also fell against the yen, at the rate of one euro to 123.48 yen against 123.60 yen the day before.
The euro rose to $ 1.1878 against $ 1.1862 on Tuesday at 9:00 p.m. GMT.
Oil prices were up slightly around 08:40 GMT, after declining slightly in Asia the day after a meeting of OPEC + countries without concrete measures, oil prices were up slightly.
The price of a barrel of US crude WTI rose 0.17% to 41.50 dollars and that of a barrel of North Sea Brent 0.53% to 43.98 dollars.