Stock price temporarily dropped over 400 yen Crude oil price fell due to the spread of new corona infection April 21 13:02
On the 21st, Tokyo stock market began to sell more in the afternoon, and the Nikkei 225 stock price temporarily dropped by more than 400 yen. This is because crude oil prices are falling due to the global economic slowdown that accompanies the spread of the new coronavirus.
A market official said, “In the New York crude oil market on the 20th, May futures prices fell into an unusual situation for the first time in effect, and the future prices fell in the Tokyo crude oil market due to uncertainties about the future of the global economy. Therefore, in the Tokyo stock market, there are sales orders for a wide range of stocks such as energy-related products, and the range of price declines is wider than in the morning. "