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Concerns about the slowdown of the Japanese economy temporarily led to a drop below the 36,000 yen level.
The Nikkei average fell. It closed at 36,793.11 yen, down 235.16 yen (Volume approximately 2.2 billion 40 million shares). Concerns about an economic slowdown in the USA due to President Trump's tariff policies led to a significant decline in major stock indices in the previous day's USA market, while the yen strengthened to the mid-146 yen range against the dollar, which also pressured investor sentiment. During the first half of the trading session, the Nikkei average dropped to 35,987.13 yen, breaking below 36,000 yen for the first time in about six months since September 17 of last year.
Update: Market Chatter: China's Car Sales Rebound in February
The Nikkei average fell significantly by 645 yen, briefly dropping below 30,000 yen, reaching levels not seen in about six months = 11 days before the market's close.
Eleven days ago, the Nikkei average stock price fell significantly, down 645.70 yen from the previous day to 36,382.57 yen. The TOPIX (Tokyo Stock Price Index) also dropped sharply, down 53.93 points to 2,646.83 points. On the 10th local time, U.S. stocks experienced a sharp decline after President Trump made comments regarding the economy that could be interpreted as accepting a recession, stating it is in a 'transitional period.' Japanese stocks saw selling ahead of this movement. The decline in U.S. stock index Futures during extended hours trading and the appreciation of the yen were also taken into account.
Mirait One, RIKEN Keiki, ETC.
*Mirait One <1417> collaborates with Sumitomo Mitsui Finance & Lease for the preliminary development of solar power at 0.07 million kW (Nikkan Kogyo, front page) - ○ *Riken Keiki <7734> inspects gas detectors in disaster areas and manufactures maintenance vehicles (Nikkan Kogyo, front page) - ○ *MOL <9104> acquires a Dutch company, establishing a land base for Chemical ships (Nikkan Kogyo, page 3) - ○ *Toyota Motor <7203> suspends operations at 3 factories and 4 lines until this morning due to an explosion incident at Central Spring (Nikkan Kogyo, page 3) - ○ *Mitsui & Co. <8031> a major trading company, iron ore.
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Cui Nyonya Kueh : Today no class, never announce.![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
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Cui Nyonya Kueh : but thank you still !![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Trader’s Edge OP Cui Nyonya Kueh : Next week we will resume! Thank you for your support as always!![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Cui Nyonya Kueh Trader’s Edge OP :
Devip : Year-to-date, there’s been a clear capital shift away from U.S. equities and into ex-U.S. markets. Is the music stopping for U.S. equities?
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