What Analysts Say About Triggers of Japan’s Stocks Rout ...Middle East

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What Analysts Say About Triggers of Japan’s Stocks Rout
Japanese stocks had their worst day since 1987, with both the Topix index and the Nikkei 225 Stock Average entering bear markets as investors fled amid a surge in the yen, tighter monetary policy and U.S. economic concerns. Forced margin selling among retail investors was seen as exacerbating the rout, while UBS Securities cut its index targets for Japan. [time-brightcove not-tgx=”true”] Here is what analysts are saying about who is offloading shares and why, and where the market may be headed from here: Who’s selling? Rina Oshimo, a senior strategist at Okasan Securities Co. “Selling is being spurred by the unwinding of long positions and the involvement of trend-f

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