Baku. Azerbaijan. August 5. The Japanese Nikkei index fell by 5.65% at the start of the trading day amid a sharp decline in U.S. stock markets, Trend reports, citing Japanese media.
Within the first half-hour after the market opened, the index dropped to 33,882.33 points. The largest stock exchange in Asia, the Tokyo Stock Exchange, experienced a collapse in its quotations on Monday, following a significant drop in U.S. stock prices.
Trade data show that the Nikkei index, which reflects the fluctuations in the share prices of 225 leading Japanese companies, decreased by 5.65% to 33,882.33 points in the first half-hour after the market opened.
Local analysts attribute the decline to negative data regarding the U.S. labor market, which came in worse than forecasts and exerted pressure on global financial markets.