The Nikkei 225 has experienced a decline, closing at 38,037.89 after falling 614.08 points (1.59%) on October 2, 2024, 9:02 AM IST. The drop comes as markets react to rising geopolitical tensions, particularly the ongoing conflict between Iran and Israel in the Middle East.
Key Performance Highlights:
- Today’s Decline: −614.08 points (1.59%)
- Past 5 Days: −228.90 points (0.60%)
- Past 1 Month: −662.98 points (1.71%)
- Past 6 Months: −1,801.02 points (4.52%)
The Middle East conflict, particularly the Iran-Israel war, has raised concerns about potential disruptions in oil supplies and broader economic impacts, which are weighing heavily on global markets, including Japan. Investors are cautious, awaiting further developments in the geopolitical landscape.
The ongoing conflict in the Middle East has created a ripple effect across global markets, and Japan’s Nikkei 225 is feeling the pressure. Market participants will likely remain cautious as the situation unfolds, closely monitoring the potential economic and energy implications of the conflict.
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