Nikkei reaches a minimum of three and a half years

US, WASHINGTON (ORDO NEWS) — The Japanese Nikkei index fell to a three-and-a-half-year low on Thursday as panic sales in the wake of the coronavirus pandemic overshadowed large-scale stimulus measures by the world’s leading central banks.

Nikkei climbed 2.6% during trading, but then lost its advantage and closed with a fall of 1.04% to 16.552.83 points, the lowest level since November 2016. Over the past four weeks, it has fallen by about 30%.

The wider Topix continued to show better dynamics than Nikkei, rising 0.97% to 1,283.22 points.


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