The Nikkei rises 0.59% after four days of losses due to the increase in covid

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Tokyo, Aug 18 (EFE) .- The main index of the Tokyo Stock Exchange, the Nikkei, rose 0.59% this Wednesday after four sessions of losses caused by the rapid increase in cases of covid-19 in Japan, a factor which continued to weigh on the stock market.

The Nikkei, which groups the 225 most representative titles in the market, advanced 161.44 points, to 27,585.91 integers.

The Topix, which includes the firms in the first section, the ones with the highest capitalization, added 0.44%, or 8.34 points, to 1,923.97 units.

The Tokyo stock market experienced a volatile first hour, with investors concerned about the extension until September 12 of the state of emergency in force in the capital and the main cities of the country, and its expansion to more areas due to the acceleration of the spread of the virus by the territory.

From then on, the Japanese market began to increase profits and remained in positive territory the rest of the session, in which investors took the opportunity to buy shares at a good price after the prolonged downward streak, without being carried away by the uncertainty about the effectiveness of the health alert.

The fisheries sector reaped the largest gains of the day, followed by consumer credit and textiles.

Zinc products maker Toho Zinc posted the Nikkei’s biggest gain of 3.86%; followed by the manufacturing company of colloidal silicas Nissan Chemical, which advanced 3.61%.

The transport company Nippon Yusen (NYK Line) brought together the highest volume of operations of the day and was devalued by 1.19%.

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It was followed by transactions by the electronic components manufacturer Lasertec (+2.35%) and the Softbank group (+0.74%).

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