Japanese Index Plummeted
Last time it happened 21 years ago
VLADIVOSTOK. 9 October. VOSTOK-MEDIA. Yesterday fund index of Asia plummeted.
Nikkei dropped down by 10,35% to 9203,32. Last time index dropped so sharply only in 1987. Another stock index of Japan, Topix, lost 8,29% and reached 902,74. Again, this value was so low back to 21 years ago. Tenders in Indonesia were suspended for uncertain time because of sharply falling stock index by more than 10%. Singaporean Straits Times lost 6,6%, Australian S&P/ASX – 4,99%.
Reason of falling has become lack of confidence of participants in the international financial system despite the measures taken by Central Banks.
Dropping benefits of companies and acute deficit of bank liquidity negatively influence on economies of the countries. Moreover, Japanese currency first time after half a year rose up to 99,96 yens per a dollar.
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