Former Japanese Prime Minister Abe was shocked by the news that he was shot in the morning, and Taiwan stock investors were “shocked”. After hearing the news, the intraday weighted index once fell from 14,545 points to 14,387 points, down 158 points. Securities analyst Lu Hanwei confirmed that Taiwan stocks were indeed affected by this news in intraday trading today. He explained why Taiwan stocks reacted so violently and reminded investors to pay attention to the trend of the yen exchange rate in the future.
Former Japanese Prime Minister Shinzo Abe was shot at around 11:30 a.m. (Taiwan time 10:30 a.m.) by a man who was shot and bloodied by a man in Nara while he was helping a candidate for the Senate. NHK reported that Abe was shot in the back with a shotgun.Abe’s heart and lung function stopped
Taiwan stocks originally launched a rebound offensive for the second consecutive day today, rising to a maximum of 14,552 points, up 216 points. Unexpectedly, at about 10:30 in the morning, it was reported that the first Prime Minister Abe was shot, and Taiwan stocks were shot in about 15 minutes. There was a trend of “pig and sheep changing color”. From 10:45 to 11:05, the index rose sharply to 14,387 points, which was equivalent to a drop of 158 points in just 20 minutes, and the midfield rose was only 51 points. , although Taiwan stocks then stopped rising steadily, but the strong arrogance of the bulls was slightly hindered today, and ended up rising.128.26 pm to 14464 pm。
Senior securities analyst Lu Hanwei said in an interview this morning that Taiwanese investors were indeed frightened in the morning. The midfield gains of Taiwan stocks shrank rapidly, and the trend of Japanese stocks was delayed a little, but the yen rose quite significantly, from 135.88 yen to 1 US dollar. It surged to 135.33 yen, an appreciation of more than 0.4%, and the yen was hit more significantly than Japanese stocks this morning.
Lu Hanwei said that investors are worried about changes in the international situation, especially that British Prime Minister Johnson will only stay until October after stepping down. This morning, the former Japanese Prime Minister was shot so seriously, which shows that the Governor of the Bank of Japan Haruhiko Kuroda adheres to the loose monetary policy. , interest rates remain unchanged, resulting in a sharp depreciation of the yen, soaring prices in Japan, and a bowl of ramen rising to more than NT$3,400, causing public resentment. In addition, in the past, funds borrowed cheap Japanese yen to arbitrage, once the turnaround will cause the movement of safe-haven funds, etc., it may also affect the stock market, which is the main reason why Taiwan stocks also fell this morning. (Review: Lu Junyi)
Further reading
[ETF Ace]ETF Investment “Four Mistakes” One-time Analysis
-
Yahoo Finance correspondent Ye Yiru: 22 years of experience in mainstream financial media, from the bubble of Web 1.0 in 2000 to Web 3.0 of Meta, witnessing the rise and fall of large and small enterprise groups in Taiwan, and going through 5 international financial crises. We think that finance is life and is omnipresent. No matter how difficult the financial knowledge is, we should say it plainly. Whether you are old or young, you should manage your money. If you don’t manage your money, your money will ignore you.
-
Yahoo stock market app download: Instantly watch orders, price notices, latest market trends and financial news!