The Stock Market in Japan Started With A Small Loss on Monday
The stock market in Japan started with a small loss on Monday in the last full week of the second quarter.
Investors remained cautious due to a record increase in the number of corona infections worldwide and concerns about economic recovery.
More than 9 million corona infections have been registered worldwide. The number of cases is increasing sharply, especially in the United States and Brazil.
The main index in Tokyo, the Nikkei 225, ended 0.2 percent lower at 22,437.27 points.
Apple’s Japanese suppliers were under pressure after the news that the iPhone maker will close eleven stores in Florida, Arizona, North Carolina and South Carolina again due to a new wave of corona infections.
Apple had just reopened virtually all stores in the US.
Toshiba climbed nearly 5 percent. The Japanese technology group announced it would sell its stake in the former memory chip division Kioxia Holdings and distribute the majority of the proceeds to shareholders.