Japan share market completed session decrease on Thursday, 22 October 2020, as investor sentiment dampened on following an in a single day decline on Wall Avenue amid ongoing uncertainties over new spherical of COVID-19 stimulus measures for the virus-hit U. S. economic system earlier than the U.
S. presidential election.
Market sentiment was additionally dampened because the protected haven yen rose to a one-month excessive as traders switched out of riskier belongings like shares and into protected havens just like the Japanese yen and bonds.
At closing bell, the 225-issue Nikkei Inventory Common declined 165.19 factors, or 0.7%, to 23,474.27. The broader Topix index of all First Part points on the Tokyo Inventory Alternate shed 17.81 factors, or 1.09%, to 1,619.79.
Whole 30 problems with 33 trade class of Topix index ended into crimson territory, with Air Transportation, Pharmaceutical, Electrical Energy & Fuel, Retail Commerce, Mining, Land Transportation, Companies, and Development points being notable losers.
ANA Holdings plunged 4% after stories mentioned the airline has determined to retire half of its wide-body fleet, shedding round 25 to 30 planes. Its rival Japan Airways dropped 2.2%.
Fujifilm Holdings rose 0.1% after asserting plans to collectively search approval in China for its anti-influenza drug Avigan to deal with Covid-19.
CURRENCY NEWS: The greenback fetched 104.64 yen in Asian afternoon commerce, up from 104.58 yen in New York late Wednesday however nonetheless down from the 105 yen degree seen earlier this week.
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