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JP Stocks' Fear Index Rises to Peak Since 2020 COVID; G Sachs: Risk of Sharp Correction Intensifies
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The spike in oil prices has dampened market optimism on Japan's economic outlook and corporate earnings, causing Japan's stock market fear index to elevate to its peak since the 2020 COVID crisis. Nikkei 225 Stock Average nosedived 3,880 points or 7% to 51,740 at midday. SoftBank, Advantest, Disco, Lasertec, and Kioxia (285A.JP) tumbled 11-14%. Goldman Sachs released a report indicating that since the "Liberation Day" tariff measures last April, Japan's stock market has remained relatively calm, but the risk of a sharp correction is intensifying. The broker believed this high volatility may persist until geopolitical situations become clearer. Historically, it is highly unusual for Japan's stock market not to have experienced a significant correction since April 2025. AASTOCKS Financial News Website: www.aastocks.com |
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