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Japan Shares May Extend Friday's Losses

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

The Japan stock market on Friday snapped the three-day winning streak in which it had surged more than 3,000 points or 5 percent. The Nikkei finished just above the 58,475-point plateau and it may extend its losses on Monday.

The global forecast for the Asian markets is gloomy after the Strait of Hormuz was shut down again over the weekend. The European and U.S. markets were sharply higher on Friday, but the Asian bourses are now expected to open under pressure on Monday.

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