Japan market summary for Wednesday (Oct. 24)
Nikkei 225 Stock Average: -92.19 (-0.6%) to 16,358.39
Nikkei 225 futures Osaka: -110 (-0.7%) to 16,370, Singapore (SGX) -110 (-0.7%) to 16,375, Chicago (CME) *10/23 +70 (+0.4%) to 16,580
TOPIX: -6.69 (-0.4%) to 1,563.86; Advancers 657 x decliners 932 (unch. 136), New highs 14 x new lows 66
Nikkei Jasdaq: +1.60 (+0.1%) to 1,858.27
Yen: mostly flat against the US$ at 114.35-40 level late in Tokyo; weakened about 0.1% against the euro to 162.75 level
Notes: Emerging stock indices MOTHERS and HERCULES both traded to the upside, +2.2% and +1.7%, respectively. The title effectively explains what happened in Wednesday’s market. Other Asian benchmarks also faced heavy selling and reversals late in the day.
Subprime Spooks Again, Nikkei Falls Apart in Afternoon Session, Ends 0.6% Lower
October 25th, 2007 · No Comments
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