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Tokyo Stock Market Plummets Amid Middle East Tensions; Nikkei Drops Over 2,600 Yen
Nikkei Average Plummets
On the morning of March 23, the Nikkei average stock price in the Tokyo stock market significantly declined, falling by over 2,600 yen at one point compared to the previous trading day's closing price. This led to the breach of the 51,000 yen threshold for the first time in approximately two and a half months since January 5. The decline is attributed to investor concerns over rising crude oil futures prices driven by the worsening Middle East situation, which has fueled fears of an economic slowdown. According to the video, the stock price recorded 51583.79 yen, a decrease of 1788.74 yen. At one point during the day, it fell to 51556.67 yen, marking a drop of 1815.86 yen.
Sustained Decline from Opening
The Tokyo stock market faced a continuous downturn from the start of trading today. Opening at 52468.72 yen at 9:00 AM, and peaking at 52479.81 yen at 9:00 AM, the market then plunged to 50688.76 yen by 10:01 AM, indicating a sharp decline. This trend is interpreted as investors' apprehension about the potential repercussions of heightened tensions in the Middle East on the global economy.
*Source: YouTube: Kyodo News (2026-03-23)*
