Pandemic-year Olympics to test legend of stock market gold

With no international fans flocking to Tokyo, tourism-related shares lose luster

20210719N Olympic table tennis

Mima Ito of Japan trains for the Tokyo Olympics on July 19. The opening ceremony will be held on July 23. © Reuters

KOHEI ONISHI, Nikkei staff writer

TOKYO -- The Summer Olympics bring home a win for the host nation's stock market -- so suggests past market data, at least.

But 2021 is no ordinary Olympic year. With the Summer Games just days away from starting in coronavirus-clouded Tokyo to empty venues, no tourists and tepid public support, past performance may be no indicator of gains this time.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.