• JAPAN:

Market news

15 March 2011

JAPAN:

Overnight, the Nikkei 225 fell 10.55% at 8605.15, after posting a low of 8227.63 at one point (was off 14.5% at the lows), with a massive 4.16 billion shares changing hands. The Nikkei is now down 15.9% year-to-date and is back at levels last seen in early April 2009.
On March 10, 2009 a few days after the S&P 500 bottomed at 666.92 March 6, 2009, the Nikkei posted a low of 7021.28, which is seen as the next larger support level for the index.

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