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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo shares recovered early losses and closed in positive territory on Tuesday as investors bought on dips in see-saw trade following a global rout on fears over the coronavirus pandemic. The Nikkei 225 index, which temporarily fell more than three percent in morning trade, closed up 0.06 percent, or 9.49 points, at 17,011.53. The broader Topix index jumped 2.60 percent, or 32.12 points, to 1,268.46 yen. Tokyo shares had opened sharply lower, extending global plunges as interest rate cuts and fresh stimulus measures by central banks and governments failed to dampen fears over the coronavirus pandemic. Wall Street stocks had their worst day since 1987 on Monday as US President Donald Trump acknowledged the world's largest economy "may be" headed into recession. "But investors bought on dips following their recent declines," Shinichi Yamamoto, a broker at Okasan Securities in Tokyo, told AFP. "Expectations from the Bank of Japan's measures to support the stock market are also encouraging players to buy back." On Monday, Japan's central bank said it would double its annual capacity to purchase exchange-traded funds and Japan real estate investment funds. Yoshihiro Okumura, general manager at Chibagin Asset Management, warned however that trading is expected to remain volatile as market sentiment is "fragile". Japanese shares are also becoming sensitive to news related to the Tokyo Olympics, Okumura also said. "A postponement is obviously a negative factor," he added. The fate of the 2020 Games, scheduled to open in Tokyo on July 24, has been thrown into doubt by the outbreak of the virus, now dubbed a pandemic. Some analysts say the impact of its postponement or cancellation on the Japanese economy would be sizeable. The dollar fetched 106.41 yen in Asian afternoon trade, against 105.92 yen in New York late Monday. In Tokyo, Toyota surged 7.05 percent to 6,360 yen with Nissan up 2.40 percent at 378.2 yen. Sony was up 3.55 percent at 5,833 yen, game giant Nintendo was up 5.85 percent at 34,880 yen. Sumitomo Mitusui Financial rose 0.37 percent to 2,661.5 yen but Mitsubishi UFJ Financial lost 0.58 percent to 392.2 yen. si/sah/qan
schema:headline	Tokyo shares end in positive territory after global rout
schema:mentions	Nissan Interest rate Sony Toyota Agence France-Presse Nintendo Stock market 2020 Summer Olympics Management Recession Asia United States dollar Japan New York City Pandemic Coronavirus President of the United States Donald Trump Shigeo Okumura Futures exchange Yoshihiro Okumura Sumitomo Group Mitsubishi UFJ Financial Group Market sentiment The Nikkei Japanese yen Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-03-17 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	54 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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