JPMorgan-Japan Equity Strategy Monthly Wrap What’s changed since the...-110144065
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- 《JPMorgan-Japan Equity Strategy Monthly Wrap What’s changed since the...-110144065.pdf》
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- Japanese equities experienced their largest drop ever on August 5 (down 25% from
- 70-80% of their declines. We wrote in the early hours of August 7 that Japanese
- Stock price performance: TOPIX and the Nikkei 225 fell 2.9% and 1.2%,
- 600’s rises of 2.3% and 1.3%, respectively (Figure 1 – local currency basis). In
- US dollar terms, TOPIX was down 0.4% due to yen appreciation, so the
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