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It was the worst day in the history of the Nikkei stock market in Japan

In Monday's trading, Japan's Nikkei stock index experienced the worst one-day fall in its history.

According to the report of an economic reporter, quoted by Rashatudi, in Monday’s trading, the Nikkei stock index of Japan suffered the worst one-day fall in history. He experienced himself.

Accordingly, the Niki stock index lost 4 thousand 451 units, equivalent to 12.4%, and reached 31 thousand 341 units. This fall has been even worse than the fall known as Black Monday in 1987.

Experts believe that the reason for the fall of the Japanese stock market was the events of Friday in the American stock market, because this country also experienced a heavy fall in stock values.

It is said that concerns about the bad situation of the employment market in the US market and subsequently the possible entry of this country’s economy into recession is the main reason for the fall of the world’s major economic stock exchanges.

For example, in just one day, the stock value of the large Intel company fell by 26% on Wall Street Street.

The value of the Japanese yen has also increased against the dollar, which has a negative effect on the companies of this country that operate in the field of exports.

A prominent Chinese newspaper reported that one of the reasons for the fall of the Japanese stock market was the increase in the value of the yen against the dollar and the expectation of poor performance by Japanese exporting companies.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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