(MENAFN) On Friday, Apr. 23 Tokyo shares settled lower after assuming a weak lead from Wall Street overnight on worries regarding intentions to raise the capital gains tax, while concerns increased over the economic fallout from Japan announcing a new virus emergency for Tokyo and other great regions.
The 225-issue Nikkei Stock Average decreased 167.54 points, or 0.57 percent, from Thursday to conclude the day at 29,020.63.
In the meantime, the broader Topix indicator of all First Section issues on the Tokyo Stock Exchange dropped 7.52 points, or 0.39 percent, to settle at 1,914.98.
Domestic dealers stated that sentiment was primarily hit by reports the U.S. government is intending to raise the capital gains tax and Tokyo trading got off to a shaky beginning as issues here monitored their U.S. peers lower overnight.
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