Nikkei Index Starts New Year Trading Down 1.72%
[Asia Economy Reporter Kwon Jaehee] On the first trading day of the new year, January 6, the Nikkei 225 index in the Japanese stock market started with a sharp decline. As of 9:11 AM, it was trading at 23,249.83, down 1.72% (406.79 points) from the previous trading day. The TOPIX index was trading at 1,697.40, down 1.39% (23.96 points) from the previous trading day.
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The increase in selling was due to growing concerns that tensions between the United States and Iran would escalate, prompting investors to avoid operational risks. Mainly, cyclical stocks including shipping and machinery are being sold off.
This content was produced with the assistance of AI translation services.
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