Nearing 20,000 mark on Dow, but the Nikkei 225 has.....

Discussion in 'Trading' started by md2324, Jan 18, 2017.

  1. md2324

    md2324

    exceeded the 20,000 point threshold already

    This is likely a rudimentary question ,
    but I am wondering why the Nikkei 225 has exceeded the 20,000 mark , while we're just now at that 20,000 point mark

    Is it because other countries ( Japan's ) Currency isn't exactly equal to one US Dollar ?

    So that if we did the math and made it apples to apples , that we would see that the Nikkei 225 has only reached say 12,000 Points, as the equivalence to " Our " Dow Jones ?

    Just a question that struck me today

    Thank you for the help
     
  2. Overnight

    Overnight

    Well, that would naturally figure. The only country's currency that could exactly equal 1USD would be the USA.

    So what is the Yen to USD? Among many other variables? What is the Nikkei index company valuation, blah blah etc etc.
     
  3. $DJIA Off the bank of 20000, is there a possible Huge Drop Attack on the inauguration day? Let's watch.
     
  4. cvds16

    cvds16

    different country different stocks different prices it just has nothing to do with Dow 20000
     
    md2324 likes this.