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Profit-Taking Hits Financial Stocks; Rising Bond Yields Hurt Stocks; Nikkei Closes Below 17,800

June 12th, 2007 · No Comments

One noticeable exception to the profit-taking: Mitsubishi UFJ FG (JP: 8306) (MTU) +1.4% to Y1.42m. // Recent leader Millea Hldgs (JP: 8766) (MLEA) had gotten ahead of itself and pulled back 3.1% to Y5,280. Mizuho FG (JP: 8411) (MFG), also strong of late, retreated 0.45% to Y891k.
* Nikkei 225 Stock Average: -73.57 (-0.4%) to 17,760.91
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Tags: Market Summary