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Japanese stocks lower due to weakening expectations for G7 measures

Japanese stocks closed negative on Tuesday due to fears that G7 countries might not announce specific coordinated measures to mitigate the economic damage from the coronavirus epidemic.

The Nikkei Index closed the session with a 1.22% decline to 21.082.73 points, while the wider Topix Index lost 1.36% to 1.505.12 points.

Shares in drug maker Teijin Ltd were up 4.68% after the Japan Infectious Diseases Association reported signs of improvement in three coronavirus patients treated with one of the company’s drugs.