tokyo japanese stocks fell on monday as concerns about a spike in new cases of covid19 worldwide poured cold water on hopes of a quick recovery from a coronavirusdriven global recessionthe benchmark nikkei average dropped 050 to 2219499 by the midday break with real estate airlines and shippers leading declinesas new coronavirus cases resurfaced in china and the united states worries about a second wave have deepened prompting fears about prolonged damage to the economyon the nikkei index there were 91 advancers against 125 decliners on monday with cyclical shares leading the lossesairlines one of the hardesthit victims of the global epidemic were the biggest decliner among the tokyo stock exchanges 33 industry subindexes as concerns about the virus reared their headshippers dropped 04 and real estate lost 14semiconductorrelated shares were weak with chip equipment manufacturer advantest dropping 357 tokyo electron losing 29 and screen holdings shedding 27sapporo holdings lost 37 after nomura cut its rating on the beverage firm and lowered the target price citing the impact of the covid19 epidemicthe broader topix lost 01 to 156960the market showed muted response to a barrage of chinese economic data that were slightly weaker than expectedindustrial output rose for a second straight month in may but the gain was smaller than expected suggesting the economy is still struggling to get back on track after the virus crisis