Japanese stocks continue free fall in the market in panic

The benchmark japanese Nikkei 225 index in Tokyo ending morgenhandlen with a dive 7,97 percent, while the spread of the coronavirusset and talk about a cancella

Japanese stocks continue free fall in the market in panic

The benchmark japanese Nikkei 225 index in Tokyo ending morgenhandlen with a dive 7,97 percent, while the spread of the coronavirusset and talk about a cancella

Ann McDonald
Ann McDonald
13 mart 2020 Friday 01:00
182 Reads
Japanese stocks continue free fall in the market in panic

The benchmark japanese Nikkei 225 index in Tokyo ending morgenhandlen with a dive 7,97 percent, while the spread of the coronavirusset and talk about a cancellation of the OLYMPICS in Tokyo take to the.

This writes the news agency Reuters.

At a time in the course of Friday was in the Nikkei even decreased by 10.1 percent and down to its lowest level in over three and a half years, before it straightened up a little.

the Index is headed for its biggest fall since march 2011 when the market was sent in the bottom of both an earthquake, a tsunami and nuclear disaster in Fukushima, writes the news agency.

In the course of the week is the index of 18.5 percent down, and it is likely that it can be the næstværste week ever since a fall of 24 percent in October 2008 during the financial crisis.

- It feels like panic. Investors sell even out of equities, broadly, ought not to be affected by coronavirusset, and ignores all the fundamental knowledge, says Takuya Hozumi, strategist at finansfirmaet Mitsubishi UFJ Morgan Stanley Securities, to Reuters.

Meanwhile, increases the fear of an international recession, after the UNITED states has put a temporary stop to travel from Europe to the UNITED states. It writes the AFP news agency.

- Japanese stocks diving sharply in the extension of the declines on global stock exchanges, says chief strategist Yoshihiro Ito from finansfirmaet Okasan Online Securities to the AFP.

president of the UNITED states Donald Trumps comments to the organizers should consider postponing the OLYMPICS in Tokyo a year, has also had an influence on the market, says analysts.

the Nikkei fell by 4.4 percent on Thursday.

Also in the rest of the world, the markets have reacted negatively to the virus, and Thursday was a day for the history books on the New York stock exchange.

Dow Jones index fell by ten percent, which is measured in percent is the largest decline since the stock market crash in October 1987 - also called 'black Monday'.

Updated: 13.03.2020 01:00
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