(VIANEWS) – Nikkei 225 (N225) is currently on bearish momentum. At 01:08 EST on Monday, 26 September, Nikkei 225 (N225) is at 26,443.96, 2.61% down since the last session’s close.

Why is Nikkei 225 Index Going Down?

Before the 1990 collapse, the Nikkei 225 index experienced a decade-long bull run. This period saw assets increase multiple-fold for those who had invested prior to 1989. However, most people do not experience such extreme outliers in timing or luck. A Japanese investor who made a single lump-sum investment in December 1989 could now have a portfolio worth only $535,234 – less than half of its 1989 value.

The Japanese stock market is highly sensitive to events around the world. Political unrest, war, and financial news are all factors that affect the index’s performance. The Nikkei 225 is also sensitive to economic benchmarks, such as the unemployment rate, interest rate increases, GDP figures, and job creation. The Dollar Index is another important factor that affects the Nikkei 225 index.

The recent fall in the Nikkei 225 index was a result of fears of a global economic slowdown. Fears about a credit crunch prompted investors to sell off financial stocks, automakers, and other export-dependent companies. This plunge led to the index falling to its lowest level since October 6, 1982. After the fall, the Japanese government announced several economic stimulus measures aimed at avoiding a credit crunch, which encouraged investors to buy stock.

As the Japanese stock market is notorious for sharp movements, it is essential to have an understanding of the market’s current conditions and trends. The Nikkei 225 index is a benchmark of Japan’s top performing blue-chip companies. However, you can’t buy Nikkei 225 index directly, which makes it an important tool for traders. The best way to follow the Nikkei 225 index is by purchasing exchange-traded funds (ETFs) that correlate to the index. Some of these funds include Blackrock’s iShares Nikkei 225, Nomura Asset Management’s Nikkei 225 ETF, and MAXIS Nikkei 225 Index ETF, which trades on the New York Stock Exchange.

Nikkei 225 Range

Concerning Nikkei 225’s daily highs and lows, it’s 1.9% down from its trailing 24 hours low of $26,955.20 and 2.77% down from its trailing 24 hours high of $27,197.10.

About Nikkei 225’s yearly highs and lows, it’s 7.14% up from its 52-week low and 13.06% down from its 52-week high.

Volatility

Nikkei 225’s last week, last month’s, and last quarter’s current intraday variation average was a negative 0.48%, a negative 0.18%, and a positive 0.91%, respectively.

Nikkei 225’s highest amplitude of average volatility was 1.42% (last week), 0.92% (last month), and 0.91% (last quarter), respectively.

Index Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Nikkei 225’s is considered to be overbought (>=80).

News about S&P 500

  • According to MarketWatch on Monday, 26 September, "After falling nearly 200 points earlier in the session, Dow Jones Industrial Average futures were last down about 50 points, or 0.2%, while S&P 500 futures and Nasdaq-100 futures edged higher than their session lows as well.", "Wall Street suffered fell 486.27 points, or 1.6%, to close at 29,590.41, while the S&P 500 dropped 64.76 points, or 1.7%, to finish at 3,693.23 and the Nasdaq Composite sank 198.88 points, or 1.8%, to end at 10,867.93."
  • According to FXStreet on Monday, 26 September, "While portraying the mood, the S&P 500 Futures print mild losses while the US 10-year Treasury yields add four basis points to 3.74% at the latest."
  • According to FXStreet on Monday, 26 September, "That said, the S&P 500 Futures print mild losses while the US 10-year Treasury yields add four basis points to 3.74% at the latest."
  • According to FXStreet on Monday, 26 September, "That said, the S&P 500 Futures print mild losses while the US 10-year Treasury yields add four basis points to 3.74% at the latest."

More news about Nikkei 225 (N225).

LEAVE A REPLY

Please enter your comment!
Please enter your name here