????
?
Current Location: Home ? News ? World economy ? Text

Japan's shares see sharp falls on oil worries

Zoom??Zoome in ??Source:bbc news??Views:396
Core Tip:Shares in Japan fell to their lowest level since October 2014 on Wednesday as investor sentiment continued to be rattled by oil prices and concerns over growth in Chin
 
NikkeiImage copyrightGetty Images

Shares in Japan fell to their lowest level since October 2014 on Wednesday as investor sentiment continued to be rattled by oil prices and concerns over growth in China.

West Texas Intermediate fell below $28 a barrel for the first time since September 2003.

Brent Crude prices made a slight recovery, but that did little to boost investor sentiment.

The Nikkei 225 closed down 3.71% at 16,416.19 points.

The index had not seen a one-day drop as sharp since late September.

One of the biggest losers was Sony, which fell 8%. Softbank Group fell 7%.

Oil glut

The International Energy Agency said on Tuesday that with the return of Iranian oil, the market "could drown" in oversupply.

Prices of oil have fallen by more than 70% in the last 18 months.

In China, markets were also down after a positive day on Tuesday.

Markets in Hong Kong and on the mainland had welcomed China's latest growth numbers - which were in line with expectations.

The world's second-biggest economy grew by 6.9% in 2015, compared with 7.3% a year earlier, marking the country's slowest growth in a quarter of a century.

However, on Wednesday, Hong Kong's Hang Seng index was down 3.44% at 18,960.99 points in afternoon trade, while the mainland's Shanghai Composite was down 1.21% at 2,971.56.

In Australia, the S&P/ASX 200 closed down 1.26% at 4,841.50, dragged lower by energy-related shares.

In South Korea, the benchmark Kospi index closed down 2.34% at 1,845.45 in line with the rest of the region.

?

If you believe that this information is a violation of your legitimate rights and interests, please send the relevant qualification certificate and your rights to info@worldinout.com, Worldinout staff will reply as soon as possible! The purpose of this network is to convey more information, does not mean that the network is in favor of its views and its authenticity. Such as reproduced this site information, please specify the source.

?
[ NewsSearch ]? [ Add to Favorites ]? [ Tell a friend ]? [ Print ]? [ Send report ]? [ Close the window ]

?

?
Recommended Graphic
Recommend News
Click Ranking
?
HomeSite | About us | Contact Us | Agreement | Copyright | Sitemap | Spread | Guestbook | RSS Feed | 豫B2-20030028-27
?
朝阳市| 都匀市| 灌阳县| 镇康县| 安平县| 铁岭县| 揭东县| 泽库县| 克什克腾旗| 安岳县| 兴山县| 阿尔山市| 类乌齐县| 玛曲县| 都兰县| 容城县| 巴彦淖尔市| 阿荣旗| 老河口市| 尉氏县| 清徐县| 阿坝县| 法库县| 望谟县| 句容市| 民和| 固原市| 阿拉尔市| 天柱县| 凤台县| 九江市| 兴国县| 五峰| 开封市| 永德县| 乌兰浩特市| 红原县| 平南县| 县级市| 蓬莱市| 赤壁市|