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Monday, August 5, 2024

Nikkei 225 05082024

 05 Aug: The Nikkei 225 gapped down below 35k and struggled between 33,500 to 34,500. However, the range finally broke after lunch under heavy selling pressure, causing the market to lose 33k, 32k, and even 31k levels. At its worst, the index lost more than 5,000 points. Is there more selling coming, or will the market stabilize?


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