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Stock impact report

Nikkei flat 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 Nikkei flat as coronavirus resurgence in Europe hits sentiment By Reuters Staff 2 Min Read TOKYO, Oct 16 (Reuters) - Japan’s Nikkei share average was nearly flat on Friday as new coronavirus curbs in Europe dimmed hopes of a global economic recovery, although gains in Fast Retailing after it forecast upbeat annual earnings helped to cap losses. The benchmark Nikkei share average was little changed at 23,523.37 by the midday break, with 80 advancers on the index against 137 decliners. The broader Topix lost 0.28% to 1,627.14. Both the indexes were set to post weekly losses. All but ten 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. The sentiment was weighed down by the introduction of new coronavirus restrictions 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 o [Read more]
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