Nikkei dives to 14-month trough on virus fears, oil plunge [Reuters]
Mitsubishi UFJ Financial Group, Inc. (MUFG)
Company Research
Source: Reuters
Nikkei dives to 14-month trough on virus fears, oil plunge SYDNEY, March 9 (Reuters) - Japan’s Nikkei share benchmark tumbled to 14-month lows on Monday, on rising fears that the widening reach of the coronavirus epidemic could severely disrupt the global economy. The Nikkei average shed 5.1% to 19,473.07, its lowest closing level since Jan. 4, 2019. It marked the biggest one-day fall since June 24, 2016. “The markets have moved into a new phase,” traders said, referring to recent developments, including multiple state of emergency declarations in the United States in response to the coronavirus outbreak and an oil price plunge. The number of people infected with coronavirus topped 110,000 across the world and more than 3,800 have died, as the outbreak reaches more countries and causes wider economic damage. The broader Topix slid 5.6% to 1,388.97, its lowest closing since Nov. 11, 2016. All of the 33 sector sub-indexes on the Tokyo Stock Exchange were trading lower, with mining, bank
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MUFG
Sec Filings
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- 12/2/24 - Form 6-K
- 11/29/24 - Form 6-K
- MUFG's page on the SEC website