Investing in Japan

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Japan Auto Struggles at Home

October 2nd, 2007 · No Comments

1st-half fiscal 2007 sales of new autos are down 8.1% year-over-year to 2.48M autos. Backout mini-car sales and the figure stands at -8.8%. This is reportedly the lowest level in 33-years and the first time in four-years for mini-cars to have suffered a decline in sales (-6.8% y/y to 896,334 units sold). Ex-mini cars, […]

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Tags: Autos

Favorable Tankan Supports Nikkei, TOPIX Mostly Flat

October 2nd, 2007 · No Comments

Japan market summary for Monday (Oct. 1)
Nikkei 225 Stock Average: +60.27 (+0.4%) to 16,845.96
Nikkei 225 futures Osaka: +20 (+0.1%) to 16,850, Singapore (SGX) +15 (+0.1%) to 16,840, Chicago (CME) *9/28 -195 (-1.2%) to 16,765
TOPIX: -0.73 (-0.0%) to 1,615.89; Advancers 687 x decliners 912 (unch. 123), New highs 17 x new lows 21
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Tags: Market Summary