Japan Market Outlook - 21 July 2021

On Tuesday, 's Nikkei stock average fell to a six- As COVID-19 cases surge in , which is now in its month low as fears rose that growing coronavirus cases fourth state of emergency, public anxiety has grown that throughout the world might undermine a nascent economic holding the Tokyo Olympics, which will attract tens of recovery. thousands of international visitors, may speed up infection rates in Japan's capital and bring more contagious or By 0210 GMT, the Nikkei stock average had fallen 0.41 deadly varieties. percent to 27,537.96, its lowest level since January 7. The Topix index as a whole declined 0.5 percent to 1,897.63. "Japan is Britain's closest security partner in Asia with many shared principles and same strategic goals," SoftBank Group, a worldwide start-up investor, slumped Wallace said of the strike group's tour, calling it a "new 1.57 percent, while , the owner of Uniqlo era" for military and security cooperation. clothing stores, slid 1.12 percent, and robot producer Fanuc fell 2.41 percent among Nikkei heavyweights. Since the Air Self-Defense Force began its duty in 1958, Japan has scrambled fighter jets against aircraft Canon's stock jumped 9.2% after the company raised its approaching its airspace 30,000 times, according to the year operating profit outlook. , a competitor, increased by 3%. Defense Ministry.

Japan's national core consumer price index rose 0.2 Two Ugandan delegation members have tested positive percent annually in June, matching predictions, according for the virus since arriving in Japan. The first, a guy in his to data released earlier in the day. fifties, was discovered to be infected upon arrival at Tokyo's Narita Airport. Only precision equipment and food manufacturers rose among the 33 industrial sub-indices.

The energy industry was the worst-affected, with a 4.26 percent reduction due to low oil prices.

Top Gainers Top Losers

Company Last Price Change% Company Last Price Change%

Mitsubishi Motors Corp. ¥287.00 3.99% Kyowa Kirin Co. Ltd. ¥3,715.00 -2.11%

Fujikura Ltd. ¥552.00 3.95% Co. Ltd. ¥9,174.00 -0.92%

NSK Ltd. ¥927.00 3.92% Nichirei Corp. ¥3,000.00 -0.66%

Sumitomo Heavy ¥3,055.00 3.81% Industries Ltd. Co. Ltd. ¥6,890.00 -0.58%

Nippon Yusen K.K. ¥5,480.00 3.79% Nippon Telegraph & Telephone Corp. ¥2,859.00 -0.23% Japan Market Outlook - 21 July 2021

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