Nikkei drops to 1-month low on U.S.-Iran jitters [Reuters]
Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG)
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Source: Reuters
Nikkei drops to 1-month low on U.S.-Iran jitters TOKYO, Jan 6 (Reuters) - Japan’s Nikkei share average fell to a one-month low on Monday as selloff gripped the market on the first trading day of 2020 on fears of an impact to global economic growth from a flare up in tensions between the United States and Iran. U.S. President Donald Trump on Sunday threatened a “major retaliation” against Iran if Tehran were to hit back for the killing of one of its top military commanders. The Nikkei share average fell 2.09% to 23,161.16, breaking below two-major support levels - 25-day moving average around 23,600 and 50-day average around 23,350 - to its lowest level since Dec. 4. The broader Topix lost 1.75% to 1,691.20, falling to its lowest levels since late November. The Tokyo stock market was closed from Tuesday to Friday last week for New Year holidays. “The market will have to go through some correction. It was a bit overvalued to begin with, but the problems in the Middle East are the main d
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MFG
Sec Filings
- 2/26/24 - Form 6-K
- 2/22/24 - Form 6-K
- 2/22/24 - Form 6-K
- MFG's page on the SEC website