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Reuters
Friday 8th of August 2019 05:49 Time in Abu Dhabi
Japanese stocks continue to decline
The Nikkei fell on Friday in the first transactions on the Tokyo Stock Exchange.
The Nikkei was down 0.40% at 20,323.97, while the broader Topix index was down 0.41% to 1,477.83.
On Thursday, the Nikkei reached its lowest level in nine days, as fears of a global recession pushed up the yen as a safe haven, weighing on the country's export stocks .
The index closed down 1.21% to 20,405.65 points.
During the session, the index reached the level of 20184.85 points, its lowest level since August 6.
The index was hit by Toyota Motor, Honda Motor, Panasonic, Bridgestone, Mitsubishi Financial Group UFJ, Mizuho Financial Group and Dai-ichi Life Holdings.
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