Japan's Stock Market Sees Biggest Drop Since 2020 Amid Yen Surge and Rate Hike

Reported 3 months ago

Japanese stocks experienced their largest decline since April 2020, with the Topix index falling 3.2% as a stronger yen negatively impacted exporters and the Bank of Japan's interest rate hike affected real estate shares. Key companies like Toyota saw significant drops in stock value, contributing to the market downturn, as concerns over economic stability and corporate earnings added to the sell-off.

Source: YAHOO

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