By Dian L. Chu, EconMatters The world’s fifth-largest 9.0 magnitude quake and the resulted tsunami not only devastated Japan, but also wreak havoc in the Japanese stock market. The worst two-day rout in 40 years caused a 6.2% drop in Nikkei share index, wiping £90 billion (roughly $145.45 billion) off stocks and shares traded there, reported The Telegraph. Separately, Financial Times quoted EPFR, a data provider, that Investors pulled $8.2 billion from equity funds, and $4.3 billion from money market funds, in the week to Wednesday, March 16. That in turn dragged share prices to a…
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