Japan's Nikkei 225 Enters Bear Market as Global Carnage Persists
Tuesday, 25 December 2018 13:49 WIB | MARKET UPDATE |Nikkei 225Saham JepangIndeks acuan Nikkei 225Topix JepangJapan Topix

The Nikkei 225 Stock Average skidded below the 20,000 level and entered a bear market territory, as Japanese equities headed for their worst December on record.

The Nikkei 225 fell 5 percent to close at 19,155.74 in Tokyo, with all but two members in the red. The blue-chip stock gauge dropped below 20,000 for the first time since September 2017 and was down 21 percent from a high on Oct. 2, joining the broader Topix index in a bear market.

Topix down 4.9 percent to end the Tuesday at 1,415.55, biggest one-day drop since June 2016. Topix down 15 percent this month, set for worst December on record, worst month since October 2008.

Source: Bloomberg

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