Nikkei suffers a CVID-19 anxiety obliterates stimulus optimism

in #nikkei • 4 years ago

Japanese benchmark index Nikkei placed flat and erased previous earnings on Thursday. Such inactivity followed as the European Central Bank stimulus had only relieved investors  anxiety for a while over the economic slowdown brought by the virus contagion.

The Nikkei dropped 0.7% to 16, 602.28 at its midday session. The recent percentage placed neutral from Tuesday s record of 30-1/2 year low of 16,378.94. The index recorded upbeat movement during its early trading hours before plunging down.

Nikkei-dependent SoftBank Group Corp plummeted 10.3% on emerging ambiguity and anomalies about portfolios of unproven startups

Traders believed that global investors are on a move to liquidate assets before potential market restrictions are implemented due to novel coronavirus crisis.

https://dowmarkets.com/en/news/nikkei-suffers-as-covid-19-anxiety-obliterates-stimulus-optimism

#japan
4 years ago in #nikkei by
$0.00
    9 votes
    Reply 1

    Coin Marketplace

    STEEM 0.17
    TRX 0.15
    JST 0.028
    BTC 57136.05
    ETH 2350.60
    USDT 1.00
    SBD 2.40