Press ESC to close

Or check our Popular Categories...

The Nikkei falls 2% in the beginning due to the end of support for banking in the US

1 Min Read
0 10

The reference index of the Tokyo Stock Exchange, the Nikkei, fell by around 2% at the start of the session this Monday, due to the discouragement of investors after the bank’s decision Central America to end some support for banking.

After the first hour of trading, the Nikkei accumulated a fall of 1.92% or 573.10 points, and stood at 29,218.95 integers, shortly after falling as much as 2.1%.

The selective Topix, which groups the values ​​of the first section, fell 1.27% or 25.49 points, and stood at 1,986.72 units.

Investors in the Tokyo stock market responded to the decision of the United States Federal Reserve (Fed) to end an exemption that allowed banks to relax capital requirements due to the impact of the pandemic, and which also led to Wall Street closing last week with accumulated losses.

In the early stages of today’s negotiation in Tokyo, the sectors that accumulated the greatest losses were machinery, transportation equipment and electronics.

Categorized in:

Tagged in:

Samuel Edwards is the name you must have heard many times while reading reports related to Finance here, that's what he is good at. From Major Investments to Stock Market Updates, he got 'em all. Be ready to blow your mind by the mind-blowing reports of Finance World from Samuel Edwards.

View All Articles

Leave a Reply