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Nikkei plunges in wake of devastating quake

TOKYO, Jan 04 (News On Japan) –
The Tokyo Stock Exchange, welcoming its first buying and selling session of the brand new 12 months, noticed a tumultuous begin because the Nikkei Average stock value quickly plummeted over 700 yen throughout Thursday’s morning session.

Market sentiment considerably declined because of considerations and warning concerning the future following a collection of earthquakes and accidents because the starting of the 12 months.

At the opening ceremony earlier than buying and selling started, some traditions had been altered, together with the cancellation of the customary bell-ringing occasion, and a second of silence was noticed for the victims of the earthquake.

While there are views amongst market members that the Year of the Dragon, referred to in market proverbs as “Tatsumi Ceiling,” may deliver report highs, the primary day of buying and selling was removed from auspicious.


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