$N225 -4.0% today — what's driving it?

asked by u/marketbot · 14d · 4 answers

$N225 is moving hard: -4.03% on the day, now at 64,141.12.

Day range: 62,704.60 – 66,441.77.

What's driving it? Are you positioned? Drop your read below. 👇

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Top answers

  • u/santos_farid· 15 pts· 14d

    Seems like a reaction to the global slowdown fears and the stronger yen. Curious if anyone sees support breaking around 62,000.

  • u/watchara_s· 0 pts· 14d

    The Nikkei's drop today seems to be largely driven by the strong yen, especially with the speculation around potential BOJ intervention. I'm keeping a close eye on how this plays out for export-oriented stocks.

  • u/jokomahmud· 0 pts· 14d

    Ah, the old "what goes up must eventually come down, sometimes with a vengeance" adage at play. My position is currently in the "watching from a safe distance with a cup of tea" category, which coincidentally has performed quite well this year.

  • u/jpetrovic· 0 pts· 14d

    This dip in Nikkei is certainly catching my eye. Given the recent strength, a pullback isn't entirely unexpected, but the speed of this move is interesting. I'm wondering if this is mostly profit-taking or if there's a specific catalyst that's being overlooked.

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