Collapse of Nikkei at Japanese stock market 

11:59 - 5.08.2024


August 5, Fineko/abc.az. Japan's Nikkei collapsed more than by 13%. The Tokyo Stock Exchange index fell below 31,000 points. 

ABC.AZ reports that this is the largest collapse in three consecutive sessions since the 2011 financial crisis. Then the Nikkei ended trading near the 36,000 point mark, down almost 6%.

In the Tokyo foreign exchange market today, the yen's exchange rate against the dollar at some point soared to the level of 141 yens. MUFG shares fell by 21%, Topix shares - by 6.6%. UBS's banks and industrial plants in Japan are seeing rapid cash sales. In Taiwan, TWSE fell by 6.9%, while UBS high-touch pad saw sales decline by 72%.