The Tokyo stock market on the 4th, which will be the first trading of this year, has become almost entirely down due to renewed concern about the global economic slowdown.
▽The closing price of the Nikkei Stock Average was 25,716.86 yen, 377.64 yen lower than the end of last year.
▽The Tokyo Stock Price Index = Topics fell 23.56 points to 1868.15.
▽The daily trading volume was 1,244.87 million shares.
First deal for the Year of the Rabbit.
It didn't "bounce" as the market adage says.
The Nikkei Stock Average on the 4th of the Tokyo Stock Exchange, which started with prayers for active trading by those involved in the annual big opening, temporarily fell by more than 400 yen.
This was due to a renewed awareness of concerns over the global economic slowdown.
On the other hand, on the 4th in the United States, economic indicators that show the business confidence of the manufacturing industry will be announced.
Market participants are forecasting a "recession", so it will be interesting to see if the current trend, which started off in a difficult way, will continue.
As we enter the new year, there are growing concerns about the slowdown of the global economy, while there are also voices in Japan hoping for an economic recovery due to the COVID-19 pandemic.
Whether it will be a “leap” year, it will be a critical moment.