Lates News

The reason for the decline in the Japanese stock market is that the US and Israel's attacks on Iran have hit investor confidence and led to an increase in oil prices. Export companies such as car manufacturers and electronics manufacturers are one of the main factors causing this decline, with bank stocks also performing weakly. Shares of oil producers and shipping companies have seen some increases. The stock market may come under pressure on Monday as investors withdraw from risky assets. Industries sensitive to oil prices, such as rubber manufacturers and car manufacturers, may be the most severely affected. The vice president of the Pasol research institute stated that the Japanese stock market is particularly susceptible to shocks because the country "highly relies on oil supplies from the Middle East." Due to rising oil prices, the transportation industry, such as aviation, shipping, and land transport, may face sales pressures, while defensive stocks may provide some support.