TOKYO, November 16. /Corr. Kirill Agafonov/. The decline in the major indices opened Monday’s trading at the Tokyo stock exchange on the background of the publication of statistical data on the decrease in Japan’s GDP.
The key Nikkei index, reflecting fluctuations of stock rates of 225 leading companies of the country, for the first 15 minutes of operations (03:15 GMT) fell 1.28% to the level of paragraph 19 346,68. The broader TOPIX index, reflecting the stock prices of all companies in the luxury of the first section of the exchange, has decreased on 1,18% to 1567,15 item.
The Japanese government announced on Monday morning that the country’s GDP in July-September 2015 declined by 0.8% in annual terms. However, the GDP inflation decreased by 0.2% compared with the previous quarter. The level of consumption over the past three months rose 0.5%.
According to analysts, investor behaviour is also influenced by geopolitical risks, including terrorist attacks in Paris, but their influence will be limited by time. “Global markets in the short term can move on to trading with the avoidance of unnecessary risks in the face of rising geopolitical risks. However, I think their influence on the global economy will be limited,” he brought the Agency Bloomberg analyst Mitsubishi UFJ Asset Management Kokusai Kiyoshi Ishigane.
“Without doubt the terrorist attacks in Paris will contribute in the short term, the nervousness of investors”, – said in his turn, Shane Oliver from AMP Capital Investors. However, he notes, the practice shows that after the initial negative impact of terrorist attacks on stock markets need correction. “I think that history will be repeated. It will be a short term sale of assets after the attacks in Paris,” he added.
At the opening of trading some strengthened the national currency. One dollar here give 122,34-122,43 of the yen against the level 122,68-122,69 at the close on Friday.
In early trading decrease in price of stocks of corporations of Sony and Toshiba (minus 2,16% and minus 1,56%, respectively). Also noted, the fall Sumitomo Metal Mining (minus 1,75%), Hitachi Construction Machinery (minus 0.81 per cent), Tokyo Gas (minus 0,66%) and Komatsu (minus 0.2%).