Japanese Stock Market Closes Clearly Lower Due to Coronavirus Concerns

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The Tokyo stock exchange closed with a significant loss on Wednesday. An increase in the number of corona infections in the Japanese capital, where the Olympic Games will be held in more than two weeks, has caused reluctance.

 

Investors also took a little risk in anticipation of the minutes of the US central bank’s latest policy meeting, which will be released later in the day.

Nintendo also far exceeded expectations in the first quarter of this year but at the same time warned of production disruptions due to the global chip shortage.

The Chinese stock markets showed a mixed picture. The gauge in Shanghai made an interim gain of 0.6 percent, and the Hang Seng index in Hong Kong lost 0.9 percent. In addition, Chinese electric car manufacturer Xpeng made a tame stock market debut in Hong Kong.

The stock fell 0.3 percent after an opening profit of almost 2 percent. The Kospi in Seoul fell 0.7 percent. South Korean technology group Samsung Electronics fell 0.6 percent despite better-than-expected results in the second quarter.

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