Picture used for illustrative purpose. File
Tokyo stocks closed lower on Thursday as market sentiment worsened after the capital's governor warned of a record number of daily coronavirus infections.
The benchmark Nikkei 225 index was down 0.76 percent, or 175.14 points, at 22,770.36, while the broader Topix index fell 0.66 percent, or 10.45 points, to 1,579.06.
"Sentiment was dampened by a surge in coronavirus infections in Tokyo," said Yoshihiro Okumura, general manager at Chibagin Asset Management.
Tokyo Governor Yuriko Koike said the number of infections in the capital was expected to reach a record of more than 280 on Thursday.
"The figure was not enormous but it's definitely not good news," Okumura told AFP.
The surge came a day after Koike said Tokyo was on its highest coronavirus alert level, although the move does not mean the city will ask businesses to close or events to be postponed.
Earlier in the day, China said its economy expanded 3.2 percent in the second quarter, but a worse-than-expected drop in retail sales in June suggested consumers are still reticent about spending.
"The growth was better than expected," but the impact of the Chinese figures was limited, Okumura said.
The dollar fetched 106.94 yen in Asian afternoon trade, against 106.87 yen in New York late Wednesday.
Among major shares in Tokyo, Toyota lost 0.65 percent to 6,790 yen and chip-testing equipment maker Advantest dropped 2.65 percent to 6,610 yen.
Murata Manufacturing plunged 2.79 percent to 6,433 yen after the parts maker said one of its production units temporarily closed after a worker tested positive for the virus.
But Sony gained 0.61 percent to 8,176 yen with Sharp up 1.44 percent at 1,195 yen.Agence France-Presse
The benchmark Nikkei 225 index fell 0.44 per cent, or 104.41 points, to 23,454.89 while the broader Topix index lost 0.62 per cent, or 10.26 points, to 1,640.84.
The benchmark Nikkei 225 index gained 0.65 per cent, or 152.81 points, at 23,559.30, while the broader Topix index was up 0.88 per cent, or 14.46 points, at 1,651.10.
The Nikkei 225, which snapped a six-day losing streak on Monday, added 378.28 points to close at 22,573.66, while the broader Topix index rallied 2.14 per cent, or 32.62 points, to 1,555.26.
Tata Sons Chairman N. Chandrasekaran met Prime Minister Narendra Modi on Thursday ahead of a meeting with Air India officials. In October, Tata's Rs180 billion ($2.4 billion) bid for the carrier prevailed over a smaller bid by India SpiceJet chief Ajay Singh.
Danielle Curtis said, "The latest figures from Colliers demonstrate that visitors from Russia are playing — and will continue to play — an important role for our region’s travel sector, especially when it comes to the UAE."
Although the fine is only provisional, it is the latest twist in a saga that has spanned multiple continents and touched some of the world’s wealthiest people. Abraaj managed $14 billion for investors at its peak before its collapse in 2018.