Nikkei Index Starts Down 1.87%... "Investor Sentiment Weakens Amid COVID-19 Spread"
Psychological Support Level of 23,000 Breached
[Asia Economy Reporter Kwon Jae-hee] Due to the rapid spread of the novel coronavirus infection (COVID-19), on the 25th, the Nikkei 225 index at the Tokyo Stock Exchange in Japan opened at 22,949.38, down 1.87% (437.36 points) from the previous day. The TOPIX index also started the session at 1,641.66, down 1.93% (32.34 points) from the previous day.
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The Nihon Keizai Shimbun reported, "The psychological margin line of 23,000 was broken for the first time in three weeks since the 4th," and diagnosed that "as COVID-19 infections expanded in regions outside Asia such as Italy and Iran, investors' movements to avoid operational risks have become more apparent."
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