Monday was a black day for public companies around the world. The ongoing hype around the coronavirus (COVID-19) and the collapse of the OPEC deal have dealt a serious blow to the financial market, which has already suffered in the last month. It affected all this and game manufacturers.
Well-known analyst Serkan Toto notes that he has been following the Japanese industry for ten years, and today’s collapse was the most serious of all time. Companies have literally lost billions of dollars of capitalization. Nikkei index fell 5%.
Fall this morning:
- Sony: -7.31%
- Nippon Ichi: -17.58%
- Koei Tecmo: -5.41%
- Capcom: -6.68%
- Konami: -6.76%
- Sega: –6.74%
- Square Enix: -5.79%
- Nintendo: -3.96%
Oil prices collapsed immediately by 30%, which led to the collapse of the ruble in the international currency market. The dollar broke the mark of 73 rubles, the euro – 83 rubles.
Read also: Analysts: Coronavirus may hinder launch of PlayStation 5, Xbox Series X, and new major games.
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