Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Indexes
  3. Nikkei 225
  4. News
  5. Summary
    N225   JP9010C00002


SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

Japan stocks extend falls on fears of new restrictions

11/19/2020 | 09:46pm EDT

TOKYO, Nov 20 (Reuters) - Japanese stocks fell for a third consecutive session on Friday as a rise in new domestic coronavirus infections to record highs fuelled concerns that officials will place new restrictions on business activity.

The Nikkei 225 index declined 0.49% to 25,508.93 by 0205 GMT. The broader Topix was down 0.15% at 1,723.84.

The Nikkei hit a 29-year high on Tuesday as optimism about progress in developing a coronavirus vaccine lifted equities.

The optimism, however, faded quickly as a sharp increase in coronavirus cases suggests Japan's economy could weaken before a vaccine becomes widely available. For the week, the Nikkei was on course for a 0.5% increase.

Authorities in the United States and Europe are placing new restrictions to slow another wave of virus infections, which is an additional reason to pocket profits on the rally in global stocks from March lows, analysts say.

The underperformers among the Topix 30 were Daikin Industries Ltd, down 3.10%, followed by Tokio Marine Holdings Inc, down 2.70%.

Air conditioner maker Daikin took a hit after the Nikkei newspaper reported that electric vehicle maker Tesla was considering making air conditioners for homes.

The stocks that gained the most among the top 30 core Topix names were SoftBank Group Corp, up 2.57%, followed by Murata Manufacturing Co Ltd, up 1.45%.

Hitachi Metals Ltd jumped by 9.59% after Nikkei reported that its parent Hitachi Ltd had begun accepting bids for the metals company.

There were 68 advancers on the Nikkei index against 154 decliners.

The volume of shares traded on the Tokyo Stock Exchange's main board was 0.44 billion, compared to the average of 1.15 billion in the past 30 days. (Reporting by Stanley White; Editing by Subhranshu Sahu)

ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
DAIKIN INDUSTRIES,LTD. 3.54% 21230 End-of-day quote.-7.37%
HITACHI METALS, LTD. 0.05% 2122 End-of-day quote.35.50%
HITACHI, LTD. 6.30% 6258 End-of-day quote.53.95%
MURATA MANUFACTURING CO., LTD. 1.13% 8409 End-of-day quote.-9.77%
NIKKEI 225 -0.03% 28874.89 Real-time Quote.2.07%
SOFTBANK GROUP CORP. 1.89% 7702 End-of-day quote.-4.42%
TESLA, INC. 0.46% 623.71 Delayed Quote.-11.61%
TOKIO MARINE HOLDINGS, INC. 2.93% 5063 End-of-day quote.-4.62%
All news about NIKKEI 225
04:00aNIKKEI 225á : Japan Flash June Composite PMI Points At Deepening Downturn
02:17aNIKKEI 225á : Japanese Shares Flat on Caution After Dismal Economic Data, BoJ Co..
02:13aNIKKEI 225á : Japanese Shares Close Flat on Caution After Dismal Economic Data, ..
01:13aNIKKEI 225á : Bank of Japan Policymakers Maintain Policy Rate as Economy Remains..
12:44aEXCLUSIVE : Harvard wasn't pressured over Toshiba, former Japan adviser says
12:20aNIKKEI 225á : Japan Preliminary Composite Output Deteriorates Further in June
06/22Japan's Nikkei rises on consumer boost; transport stocks cap gains
06/22Australian shares ease after best day in 4 months, energy stocks top losers
06/22Japan's nikkei average futures up 0.38% in early trade
06/22GLOBAL MARKETS LIVE : Netflix, Boeing, Tesla, Delta Air Lines, Blackstone Resour..
More news
News of the index components NIKKEI 225
03:48aUPDATE1 : Fukui nuclear unit becomes Japan's 1st to operate beyond 40-yr limit
03:41aMIZUHO FINANCIALá : joins the 30% Club Japan
03:33aSHINSEI BANKá : Announcement regarding Director and Executive Assignment Changes
03:33aSHINSEI BANKá : Notice on Issuance of Equity Compensation Type Stock Options
03:33aSHINSEI BANKá : Notice concerning Disposal of Treasury Shares for Restricted Sto..
03:23aFUJIFILMá : Marketing Authorization Granted for Lutathera« Injection in Japan - ..
03:22aEISAIá : Anticancer Agent "Tazverik Tablets 200mg" (Tazemetostat Hydrobromide) A..
More news
Chart NIKKEI 225
Duration : Period :
Nikkei 225 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NIKKEI 225
Short TermMid-TermLong Term
Heatmap :