Stock price drops by more than 500 yen at once Temporary spread due to spread of new type pneumonia

In the Tokyo Stock Exchange on the 27th, the Nikkei Stock Average temporarily dropped by over 500 yen. There is growing concern that the spread of the new coronavirus could have a negative impact on the global economy.

The Nikkei Stock Average closed at 23,372.06 yen, which is 455.12 yen lower than the closing price of last weekend.

TSE stock index = Topics fell 26.48 to 1703.96.

Morning volume was 660,000 shares.

Market officials say, "The spread of infected people outside of mainland China is raising concerns that this could have a negative impact on the global economy. The yen has appreciated in the foreign exchange market by the $ 108 range. Because of this, the price was temporarily lower than 500 yen due to the overall low price immediately after the start of the transaction. "