Japanese and Korean stocks both crashed! Japan's 225 Index plunges 12%
Hawk News
2024-08-05 17:18:38
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On August 5, after the early meltdown, Japanese stocks continued to tumble, with the Nikkei 225 closing down 12.4%, the largest one-day drop in history, and the Japan TSE down 12.23%.
Japan's TSE index futures again triggered the melting mechanism, the second suspension of trading today, Nikkei 225 index futures due to the melting mechanism again suspended.
After the meltdown in the Japanese stock market, South Korea's GEM index also plunged 8% after triggering the meltdown mechanism, trading was suspended for 20 minutes, after the resumption of trading, the decline expanded to 14%, the largest decline since 2008.
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