Nikkei Stock Average temporarily drops by over 500 yen Start of turbulence in the Middle East
The Tokyo Stock Market, which was the first deal on the 6th, saw the Nikkei 225 drop temporarily by more than 500 yen compared to the end of last year, due to an increase in sell orders on the alert of tensions in the Middle East. It was a start of the turbulence.
On the 6th, the Tokyo Stock Exchange began to trade at the start of trading immediately after the start of trading, and in the morning the Nikkei 225 dropped more than 500 yen compared to the end of last year.
After that, there were many sell orders, and the closing price of the Nikkei Stock Average on June 6 was 23,204.86 yen, which is 451.76 yen lower than the end of last year.
TSE Stock Index = Topics fell 23.87 to 1679.49.
The daily trading volume was 1,219.71 million shares.
The drop in stock prices is due to growing tensions in the Middle East after the U.S. military killed a commander in Iran.
The dollar was sold on the foreign exchange market, and the yen's appreciation and the depreciation of the dollar to the high-end of the $ 107 range temporarily led to a drop in export-related stocks.
Stock markets in Asian markets have fallen in price, and movements to avoid risk have spread around the world.
Market officials say, "The tensions in the Middle East have shocked the market and quenched investor sentiment. For the time being, developments in the United States and Iran will continue to be nervous."