The heavy fluctuations on the tokyo stock exchange in the last few days continued on Friday. The Nikkei 225 index, which rose nearly four per cent yesterday, lost 0.3 per cent and slipped once again during the 20 000 mark. Topixindexet declined 0.5 percent, a day after a five percent increase.

“It is inescapable that it is being sold after a sharp rise yesterday,” explains Makoto Sengoku, market analyst at Tokai Tokyo Research Center.

Nikkei fell on an annual basis. Over the last six years gains explains the Sengoku as a result of prime minister Shinzo abe’s liberal economic policies. That trend is now reversed, however, have other causes, according to him.

– this is due to large oscillations caused by the Trumpadministrationen rather than a domestic problem, ” he says, and mentions mainly to trade wars between the U.S. and China dampened the japanese market.

the Topix index has fallen nearly 18 percent this year, the biggest annual loss since 2011.

also new data, such as the japanese investors followed with interest. They show that the unemployment rate is at a low 2.5 per cent, while fabriksproduktionen dropped 1.1 per cent in november compared with the month before. The loss, however, was expected.

Hong kong’s Hang Seng index would rise slightly, up 0.1 per cent, in the closing trade. Shanghai kompositindex drops 0.3 per cent.

The chinese stock markets have had a tough year. The Hang Seng has lost almost 15 percent so far this year and the Shanghai kompositindex has fallen close to 25 per cent.