Japan’s Nikkei 225 fell by more than 8% after it became known that 51.8% of people in the UK voted for the country’s withdrawal from the EU (campaign for withdrawal from the European Union has called Brexit). The last time the index was at this level in February 2016.
Hong Kong’s Hang Seng by 8:00 Moscow time fell by 5.65%, and the Shanghai SSE Comp to 2.87%. Later indexes rose slightly: the 9:30 Moscow time their decrease made up 4.54% and 0.94%, respectively.
At the opening of trading on 24 June, the indices of East Asia grow: the leading index of the Tokyo stock exchange’s Nikkei rose in the first minutes of trading on 0.6% and the KOSPI stock exchange Seoul — 0.2%. The indices of two main stock markets in China (Hong Kong and Shanghai) was held near the previous day’s close.
The reason for the cautiousness of the investors were mixed results of the referendum on the British exit from the European Union. An hour after the start of trading, when the first results of the referendum in the UK showed the superiority of the supporters of leaving the EU, the indexes began to fall.
By 9:00 Moscow time ended with the vote counting, exit from the EU voted 51,9 per cent of the population (17.4 million people). Against Brexit spoke of 48.1% (16,14 million).
To 6:30 Moscow time Japanese Nikkei 225 index fell by 3.05%, Hong Kong Hang Seng — on 3,33%, the Shanghai SSE Comp — on 1,21%.
The Japanese yen soared to its highest against the dollar in two and a half years: 9:30 GMT it has strengthened by 4.2%. In the course of trading, the dollar briefly broke the mark of 100 yen. Other Asian currencies and the currencies of developing countries fall. So, the Chinese yuan lost against the dollar by 0.49%, the Korean won of 3.05%, and 0.75%.