Tuesday, March 15, 2011

Second day of falls in the Tokyo Stock Exchange despite the new injection of BOJ

The Tokyo Stock Exchange is in free fall in the second opening day after the earthquake that has devastated one of the country. The Nikkei index has declined on Tuesday to close 1015.34 points, 10.55% to stand at 8605.15 integers. It is the second day in Tokyo's red index, which on Monday lost 6.18% and left the barrier of 10,000 points to settle at 9620.49 units.

The Bank of Japan announced early on Tuesday a new cash injection of 5 billion yen (43.761 million euros), after the 15 trillion yen (131,090 million euros) on Monday sent financial markets to help stabilize the situation. The fear of the impact it will have on the global economic recovery Japan's disaster has affected other markets.

The Dow Jones industrial, a major Wall Street indexes lost on Monday, the benchmark of 12,000 points, down 0.43%. Something similar happened with the other major indicator of Wall Street, the Nasdaq, which decided after scoring average falls to session ended with a fall of 0.54%. In Europe, the markets held up relatively the collapse of the Nikkei, while insurers and utility companies with investments in nuclear energy were severely punished.

In Spain, the IBEX 35 is pointing a slight rise of 0.2%, while the French Cac (-1.29%), the German Dax (-1.55%) and British Ftse (-0.92% ) recorded minimum losses at the close of markets on Monday.

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