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Stock impact report

Nikkei falls as coronavirus resurgence in Europe hits sentiment [Reuters]

Fast Retailing Co Ltd (FRCOY)  More Company Research Source: Reuters
NASDAQ:AMEX Investor Relations: fastretailing.com/eng/ir
PDF By Reuters Staff 2 Min Read TOKYO, Oct 16 (Reuters) - Japan’s Nikkei share average fell on Friday as new coronavirus curbs in Europe dimmed hopes of a swift global economic recovery, although losses were limited after Fast Retailing forecast upbeat annual earnings. The benchmark Nikkei share average dropped 0.41% to 23,410.63. The broader Topix lost 0.86% to 1,617.69. For the week, the Nikkei was down 0.89% and the Topix lost 1.8%, with the latter being the largest drop in more than two months. All but two of the 33 sector sub-indexes on the Tokyo exchange traded lower, with real estate, pharmaceuticals and land transport leading the decline on the main bourse. Sentiment was weighed down after coronavirus restrictions were reimposed in Europe, with London entering a tighter lockdown and France imposing night curfews in major cities to curb a jump in COVID-19 cases. Some investors also remained on the sidelines due to uncertainty over the U.S. stimulus talks, and ahead of the U.S. pre [Read more]
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