Japan knows about bad days in the stock market. From its peak in 1990 to last June, Japanese equities lost three-quarters of their value. Even so, yesterday’s 7.3 per cent plunge in the Nikkei 225 Average stood out as the 11th-biggest drop since the measure was created in 1950.
日本深知股市萎靡的滋味。从1990年的巅峰到去年6月,日本股市蒸发了四分之三的市值。即便如此,昨日日经225指数7.3%的跌幅仍位列1950年该指数创立以来的第11大跌幅。
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