Japan’s Topix, Nikkei Stock Gauges Tumble 20% From July Peaks

Category: Finance

Japan's equity benchmarks, including the Topix and Nikkei 225, fell over 20% from record highs due to declining investor confidence, a stronger yen, tighter monetary policy, and a worsening economic outlook in the US. Both indices experienced significant declines, marking the worst performance since the 2011 Fukushima disaster.

Keywords: Japan, equity markets, investor confidence

Source: Bloomberg

Update At: 8/5/2024

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