Fri. Feb 28th, 2020

The coronavirus generates a 0.14% retracement in the Nikkei

The Tokyo Stock Exchange closed on Thursday with a 0.14% decline in its main indicator, the Nikkei, after a day dominated again by fears of the coronavirus (Covid-19).

The Nikkei, which brings together the 225 most representative titles in the market, today lost 33.48 points, to 23,827.73 integers.

For its part, Topix, which includes the firms with the highest capitalization, fell 0.34% or 5.84 points, to 1,713.08 units.

Tokiota parquet operators reflected in their negotiations the concern about the extension of the coronavirus in terms of the number of cases it has affected in recent hours.

Chinese authorities reported today that Covid-19 has already caused 1,310 deaths in the province of Hubei, the focus of the infection, with 242 deaths in the last 24 hours.

Apart from the general feeling, today highlighted in Tokyo the 5.09% drop in the titles of the Softbank technology group, in the first session after the dissemination of its quarterly results at the close of Wednesday.

In contrast, Fast Retailing, owner of the Uniqlo clothing chain, advanced 2.33%, while Toyota, the corporation with the largest capitalization in Tokyo Park, lost 0.46%.

On the other hand, Nintendo fell 0.91% and the Sony group yielded 0.60%.

In the Topix group today advanced 878 titles, 1,190 went down and 91 remained unchanged.

The volume of operations today reached 2.38 trillion yen (19.910 million euros), compared to 2.6 trillion yen (21.751 million euros) the previous day.


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