Nikkei 225 photograph

Nikkei 225

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ExchangesTokyo Stock Exchange
TSE
Weighting methodPrice-weighted index
Related indicesTokyo Stock Price Index
TOPIX
OperatorNihon Keizai Shinbun
The Nikkei
Foundation7 September 1950
Date of Reg.
Date of Upd.
ID628213
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About Nikkei 225


The Nikkei 225, more commonly called the Nikkei, the Nikkei index, or the Nikkei Stock Average, is a stock market index for the Tokyo Stock Exchange. It has been calculated daily by the Nihon Keizai Shinbun newspaper since 1950.

Coronavirus: Asia shares up on the multi-billion-dollar, stimulus hopes

Feb 28,2020 5:19 am

stocks in Asia have continued to do a global stock market rally on hopes for global authorities to combat the effects of the coronavirus.

On Thursday the top US-stock-indices capped their best three-day gains since The Great Depression.

It Comes as investors expect to happen to the Us Congress a massive stimulus package by The End of Saturday.

The Group of 20 (G20) major economies has also promised to inject about 5 trillion US dollars in the global economy.

Japan's benchmark Nikkei 225 gained 1. 6%, the Hang Seng in Hong Kong 1. 6% and the Chinese Shanghai Composite rose 1%.

according to the Dow Jones Industrial Average and S& P 500 both climbing More Than 6% on Wall Street , the limitation of their best three-day streaks since The Great Depression of The 1930S . The tech-heavy Nasdaq ended higher for a second day, up to 5. 6%.

The Rally comes after weeks of stock Market Volatility , as investors weigh the impact of measures to slow the spread of The Virus , counter-measures, to facilitate the governments and Central banks, the impact of a disruption of the global economy.

This month alone, the Dow has seen the six largest one-day gains and the five largest one-day loss in its 135-year History .

In Washington Dc , the leader of the US house of representatives have Said they are determined to pass a $2 trillion coronavirus relief bill on Friday or at the latest on Saturday.

The huge impact of the epidemic on The American economy was highlighted on Thursday official figures showed that almost 3. 3 million people registered, to claim, the unemployed benefits for the week ended 21 March. This is almost five times More Than the previous record of 695,000 set in 1982.

Also on Thursday, the G20 leaders committed to inject More Than $5 trillion in The World economy and to limit job and income losses of the coronavirus, and “do what it takes to overcome the pandemic. "

your statement also contained the conciliatory language on trade, expressed by The Group in years, and promises to ensure the flow of vital medical supplies and other goods over borders and to resolve supply chain disruptions.

"The G20 is committed to do whatever it takes to overcome the pandemic," together with The World Health organization and other international institutions, it Said .



ftse 100, dow jones industrial average, coronavirus pandemic, stock markets, nikkei 225, nasdaq, hang seng

Source of news: bbc.com

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