Japanese stocks fell on Thursday, as the country's intention to re-impose a state of emergency to contain the resurgence of (Covid-19) injuries sparked; To increase fears of an economic slowdown.
According to Reuters, the benchmark Nikkei index fell 0.88% to 28118.03 points, the lowest level at the close in more than two weeks, while the broader Topix index fell 0.90% to 1,920.32 points.
A Japanese minister said the country is preparing to declare a fourth state of emergency for Tokyo, which will continue while it hosts the Olympics.
The Tokyo area is currently under somewhat less stringent semi-emergency restrictions. Economy Minister Yasutoshi Nishimura said that under the tight restrictions, restaurants will be required to stop serving alcoholic beverages.
The Olympics organizers are set to ban spectators from the July 23-August 8 games, the Asahi daily said.
