Daily Management Review

Nikkei index shows record fall


03/08/2022


The benchmark index Nikkei plunged more than 250 points after opening trade on the Tokyo Stock Exchange, falling below 25,000 points for the first time in 16 months on news of Ukraine, NHK television reported.



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The Nikkei index, which tracks the share price performance of Japan's 225 leading companies, fell 259.61 points to 24961.80 points. The last time the index fell below the 25,000-point mark was in November 2020.

The main decline was seen in shares of air transport, transport equipment manufacturing, textile and clothing companies.

Growth leaders: Mitsubishi Materials Corp (+8.12%), Idemitsu Kosan Co Ltd (+6.84%) and Inpex Corp (+6.81%)

Decline leaders: Hino Motors (-16.76%) and Japan Steel Works (-10.37%).

source: asia.nikkei.com