Shinzo Abe, the former Prime Minister of Japan, died due to bullet injuries. After his death, the stock exchange there lost all its initial gains. Before the news of Shinzo Abe being shot, Japan's Nikkei Index was trading with a gain of 1.4 percent. But at the close of the market, the Nikkei Index has closed with a gain of only 0.1 percent. At the close of the stock market, the Nikkei index closed at 26,517 points with a marginal gain of 0.1 percent. The Topix Index also lost its lead and closed at 1,887 points with a gain of only 0.27 per cent.

Actually Shinzo Abe was campaigning for the parliamentary elections in Japan when he was shot. According to market experts, the stock market lost all its gains due to the news of him being shot. Shinzo Abe goes to Japan for his Abenomics Signature. He took bold decisions under the monetary policy, in which he worked to increase spending along with cheapening debt, so that Japan's economy could be strengthened.

Monetary policy may be affected

Shinzo Abe, 67, has died of a bullet injury. Shinzo Abe has been the longest serving Prime Minister of Japan. According to experts, his absence is not a good sign for the Japanese stock market as it may affect the monetary policy of Bank of Japan.