Tokyo, Mar 8 – The Tokyo Stock Exchange closed this Monday with a 0.42% decline in its main indicator, the Nikkei , due to concerns about the evolution of US Treasury bonds and despite having started the day on the rise.

The Nikkei lost 121.07 points and ended at 28,743.25 integers, while the broader Topix index , which brings together the securities with the highest capitalization, those in the first section, fell 2.6 points, 0.14%, up to 1,893.58 units.

The Tokyo stock market opened in positive territory encouraged by the approval of the new stimulus package in the United States and by expectations of a recovery in the world’s leading economy, although it lost steam as the day progressed.

The reason was the growing concern of investors about the possibility that such stimuli would cause a greater increase in the yield of US Treasury bonds, as well as the rise in the dollar against the yen caused by the same factor.

Among the securities with the highest capitalization, the technology giant Softbank (T: 9984 ) lost 2.35%, while the textile multinational Fast Retailing (T: 9983 ), owner of the chain of clothing stores Uniqlo, fell 1, 84%.

The video game company Nintendo (T: 7974 ) also fell by 3.56%, and the largest Japanese vehicle manufacturer, Toyota Motor (T: 7203 ), did so by 0.42%.

In the first section, 1,211 stocks advanced, 889 fell back and 94 finished unchanged.

The trading volume amounted to 2.98 trillion yen (23.08 billion euros).

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