Japanese Stock Market Faces Major Selloff: A $1.1 Trillion Hit

Reported 2 months ago

Japan's stock market suffered a significant downturn, losing $1.1 trillion as it experienced its largest three-day loss in history at the start of August 2024. This decline primarily affected stocks that had previously soared, making them more appealing to investors looking for bargains. Analysts remain optimistic that the market will recover as it adjusts to new monetary policies from the Bank of Japan and global economic conditions.

Source: YAHOO

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