On the 13th of the week, the Nikkei Stock Average fell by more than 800 yen and fell below 27,000 yen for the first time in about two weeks.
Concerns about prolonged record inflation in the United States have increased and sell orders have swelled across a wide range of stocks.
▽ Nikkei Stock Average, closing price on the 13th is 26,987.44 yen, which is 836.85 yen lower than last weekend.
It fell below 27,000 yen for the first time in about two weeks.
▽ Tokyo Stock Price Index = Topics fell 42.03 to 1901.06.
▽ The daily trading volume was 1,218.59 million shares.
Growth in the US consumer price index in May, announced last weekend, exceeded market expectations, raising concerns about a slowdown in the global economy as record inflation prolongs and US rate hikes accelerate.
Market officials said, "Although the yen has depreciated to the level for the first time in about 24 years in the foreign exchange market, a wide range of stocks including export-related stocks such as automobiles, which often receive buy orders due to expectations for improved business performance, are widespread. Sell orders have expanded for brands. "
BOJ ETF = Purchase of ETFs
On the 13th, the Bank of Japan invested 70.1 billion yen to purchase an ETF (Exchange Traded Fund) that makes multiple stocks together.
The Bank of Japan has been buying ETFs in the event of significant market instability as part of a major monetary easing policy, the seventh time since 19th last month.