The decline in crude oil prices is a good factor
March 15, 2022 11:59 am
The Nikkei Stock Average (225 types) on the Tokyo Stock Exchange on the morning of the 15th was a gradual ups and downs. The view that the spread of the new coronavirus infection in China will affect economic activities has become a bad news. On the other hand, the fall in the New York crude oil futures market the day before eased concerns about rising costs in the Japanese manufacturing industry and helped improve investor sentiment.
The closing price in the morning was 25,385.11 yen, which is 77.26 yen higher than the closing price on the previous day. The Tokyo Stock Price Index (TOPIX) is 1828.26, up 15.98 points.
Changchun City, Jilin Province, in northeastern China, has announced that it will blockade residential areas in all cities and conduct PCR tests on all citizens. I was aware of the stagnation of China’s economic activity.