Japan Stock Rout Is Catching China's With Shanghai Shut: ChartBy
It’s been a good week for Asia’s largest equity market to shut down. While China has been closed, shares in Japan -- the second-biggest venue -- have plunged 11 percent as a selloff in risk assets deepened and the yen surged. That’s taken the Topix index’s loss this year to 21 percent, compared with 22 percent for the Shanghai Composite Index. The two benchmark gauges are Asia’s worst performers in 2016.
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