Japanese companies lost around 626 billion dollars of their value.In Europe, the most affected was the German stock exchange, with the DAX index down by around 3.5%, followed by the French one, down more than 2.1% and the British stock exchange, which fell 1.5%. The Bank of Japan flooded the market with 245 billion dollars in cash to make sure there was enough money on the market in case massive amounts left the market.
In Tokyo panic struck when rumours appeared that the level of radiation had risen to 23 times the normal value. The situation stabilised subsequently. However, the level of radiation is still a big concern for the authorities, with Japanese Minister of Foreign Affairs Takeaki Matsumoto saying its level after the fire at reactor 4 of the Fukushima nuclear plant "could have negative effects on the health" of the population. "At reactor no. 4 there was a fire, there is radiation that could have negative effects on people's health," Matsumoto said. In addition, a strong, magnitude six earthquake struck on Tuesday evening around 120 kilometres South-West of Tokyo
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