What is the biggest decline in the history of the Nikkei Stock Average that investors are unaware of?
1. Overall weakening of the Tokyo Stock Market
The Tokyo stock market on the 5th depreciated completely immediately after the start of trading, and sell orders swelled even more in the afternoon.
The Tokyo stock market on the 5th depreciated completely immediately after the start of trading, and sell orders swelled even more in the afternoon.
2. The Nikkei Stock Average plummeted
The Nikkei Stock Average fell by 4700 yen or more after 2:50 p.m., and it was an unprecedented sharp drop.
3. The increase in sell orders
The results of the American employment statistics announced last week were worse than market expectations, and concerns about the economic slowdown intensified. Additionally, due to the progress of the appreciation of the yen, sales orders also increased in export-related stocks.
4. The biggest decline ever
The closing price of the Nikkei Stock Average was 0.03 million1458 yen 42 yen with 4451 yen 28 yen depreciation, and recorded the biggest decline ever. Topics dropped 310.45 to 2227.15. The daily trading volume was 4 billion 89.8 million shares.
Details are explained on YouTube
From YouTube
5. Market stakeholder comments
Market participants said, “Since the beginning of the afternoon, speculators have also moved, and stock prices have fallen further. Furthermore, the tense situation in the Middle East also contributed to the decline in stock prices, and the Nikkei Stock Average and topics hit year-to-date lows.”
6. Circuit Breaker Measures
As stock prices plummeted, a circuit breaker was triggered by Nikkei Stock Average futures trading on the Osaka Exchange. It is also activated in futures and options trading on TOPICS in the morning.
7. 4 factors that caused stock prices to plummet
The following 4 factors led to a sharp drop in stock prices.
1. Concerns about America's economic slowdown
2. The appreciation of the yen and the acceleration of depreciation of the dollar
3. The tense situation in the Middle East
4. The speculator's trick
8. Price drops in various industries
On the 5th, all industries fell by over 6%, and in particular, the “banking industry” fell 17.3%, the “securities and commodity futures trading business” fell 16.5%, and the “insurance business” fell 17.6%
Comments from government officials
Minister in charge of finance Suzuki
“Stock prices are determined by the market, and it is important for the government to make calm judgments. There have also been positive developments in the Japanese economy, and I think it will continue to recover moderately in the future.”
Chief Cabinet Secretary Hayashi
“Stock prices are determined by various factors such as economic conditions and corporate activity, and we will refrain from commenting on daily trends, but we will closely monitor market trends with a sense of tension and take all possible measures for economic and financial management.”
The outlook for the US economy is uncertain
Due to anxiety about America's economic outlook, the decline in high-tech stocks and the progression of the appreciation of the yen overlapped, causing a sharp drop in stock prices.
Technical analysis of the Nikkei Average
The Nikkei Average has entered a “bearish phase” from the viewpoint of technical analysis, and the formation of a second ceiling and a dead cross on the moving average have been confirmed.
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