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Tokyo stocks close down on first trading day of year

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Tokyo

Tokyo stocks closed down on Monday, the first trading day of the year, after a volatile session with investors nervous as the government weighs declaring a virus state of emergency. The benchmark Nikkei 225 index, which jumped 16 percent last year, lost 0.68 percent, or 185.79 points, to 27,258.38, while the broader Topix index was down 0.56 percent, or 10.09 points, to 1,794.59. After stocks opened higher, Prime Minister Yoshihide Suga said he was considering declaring a state of emergency in the greater Tokyo area over a “very severe” third wave of coronavirus infetions.—AFP

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