Japan Specialist

Mark Chadwick

Over 20 years experience in equities and asset management in Asia and Japan. Qualified CFA with experience analyzing companies as a buy-side analyst. In-depth knowledge of company fundamental analysis, corporate governance and valuations.

Thematic (Sector/Industry)

<ul>
<li>The Topix declined by 5.6%, while the Nikkei lost almost 2,400 points, or 6%. However, equities took a back seat to the FX market</li>
<li>Given the currency movements and the global tech sell-off, it's no surprise that the worst performers were semiconductors (-10%) and autos (-9%).</li>
<li>The recent market movements appear to have been driven primarily by macro events, particularly the yen's reversal, which impacted high beta and momentum stocks.</li>
</ul>


The Topix declined by 5.6%, while the Nikkei lost almost 2,400 points, or 6%. However, equities took a back seat to the FX market
Given the currency movements and the global tech sell-off, it's no surprise that the worst performers were semiconductors (-10%) and autos (-9%).
The recent market movements appear to have been driven primarily by macro events, particularly the yen's reversal, which impacted high beta and momentum stocks.


Japan Weekly | Renesas, Ibiden Get Slammed in Tech Rout