Monday , January 18 2021

Nikkei closed lower at 3 weeks lows after the arrest of Goosen

A man looks at an electronic calendar showing the Nikkei index in Tokyo on November 13, 2018. Photo: Toro Chennai – Reuters

The Nikkei index fell to a three-week low on Tuesday, with declines in US stocks Nasdaq led to declines in Japanese technology stocks, while Nissan Motor Co. Board of Directors Carlos Ghosn.

The Nikkei index fell 1.1% to 2,583.12 points, the lowest since October 31.

Nissan Motor was the biggest issue, down 5.5% to close at 950.7 yen, its lowest level since August 2016, after the company said Gusen was arrested for financial irregularities and will be removed from the board this week.

Nissan Shati, the Nissan supplier, fell 2.5%, and Nissan, Tokyo Silas Holdings, fell 4.1%.

Mitsubishi Motors, a French-Japanese alliance, also fell 6.9%. Mitsubishi said it would separate Gusen from the board.

Tuesday's loss was Apple's share, after the price of the iPhone fell on Monday. Morta's manufacturing stocks fell 3.5 percent, TDK Corp. fell 1.9 percent and Kyocera Corp. lost 1.6 percent.

The broader Topix index. Fell 0.7% at 1,625.67.

Prepared by Hela Kendil for publication in Arabic – edited by Abdel Moneim Darar

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