The Japan stock market index has dropped to the minimum over last two years

The Japan basic Nikkei 225 stock market index has collapsed for 6.2 per cent to 9620 points during tender on March, 14th after the reports about consequences of the earthquake which took place this year on March, 11th. As Bloomberg reports, the index drop has become maximal since December 2008. Japan car manufacturing enterprises, which had to stop their works for several days, have suffered most of all. So, Toyota securities have fallen in price for more than seven per cent, Mitsubishi – for more than ten per cent. Sony Corporation shares have dropped for 8.8 per cent, Tokio Marine insurance company – for more than 16 per cent. Before, on the 14th of March the AIR Worldwide Company gave a preliminary estimation of damage inflicted by the earthquake, which was described by the authorities as the most destructive in the county’s history. The damage can be accounted from 14.5 to 34.6 billion dollars, and this estimation concerns only insured property and does not take into account the loss resulted by the tsunami followed after the earthquake. Japan authorities have already taken measures towards the country’s financial system support. The Bank of Japan has sent to the banking system a record sum of money – 18 trillion yen (220 billion dollars). The 8.9 magnitude earthquake shook Japan in the morning on the 11th of March. It caused a 10-metres tsunami, and according to preliminary data the number of its victims is up to ten thousand people. More than 12 thousand buildings were ruined and accidents on several Japanese nuclear power plants have occurred.