Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Tokyo capitalization shrinks $364 billion Tuesday

Tokyo capitalization shrinks $364 billion Tuesday (by V. Phani Kumar)

HONG KONG (MarketWatch) -- The Tokyo Stock Exchange lost $364 billion, or 9.4% of its market capitalization, on Tuesday as worries about a threat from nuclear radiation prompted heavy selling, dragging the benchmark Nikkei Stock Average (JP:NI225) 10.6% lower. The bourse's market capitalization shrank to $3.58 trillion at the end of Tuesday's trade, down from $3.95 trillion Monday, according to data from FactSet Research. The bourse has also lost about $660 billion, or 15.6% of its total capitalization from Friday's closing level. The TSE is by far the largest of Japan's six major stock markets. The combined value of all those stock markets shrunk by nearly $389 billion Tuesday, and more than $704 billion from Friday's closing levels.

Messages In This Thread

Tokyo capitalization shrinks $364 billion Tuesday