Browsing Posts published on November 16, 2007

Japan market summary for Friday (Nov. 16)
Nikkei 225 Stock Average: -241.69 (-1.6%) to 15,154.61; 2nd lowest close of the year (vs. 11/13)
Nikkei 225 futures Osaka: -200 (-1.3%) to 15,190, Singapore (SGX) -190 (-1.2%) to 15,200, Chicago (CME) *11/15 -315 (-2.0%) to 15,185
TOPIX: -27.19 (-1.8%) to 1,471.67; Advancers 253 x decliners 1,409 (unch. 60), New highs 4 x new lows 197
Nikkei Jasdaq: -13.00 (-0.7%) to 1,763.23
Yen: strengthened 0.9% against the US$ to the 110.20-25 level late in Tokyo; strengthened 1.4% against the euro to the 160.85-90 level
Notes: MOTHERS was up 0.3%, while HERCULES was down by the same amount. Market sentiment is negatively impacted by continued concerns over subprime, weakness in global equities and the perceived impact of a stronger yen.

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Read more on Nikkei 225 Index (N225) at Wikinvest

Japan market summary for Thursday (Nov. 15)
Nikkei 225 Stock Average: -103.26 (-0.7%6) to 15,396.30
Nikkei 225 futures Osaka: -140 (-0.9%) to 15,390, Singapore (SGX) -125 (-0.8%) to 15,390, Chicago (CME) *11/14 +65 (+0.4%) to 15,500
TOPIX: +1.15 (+0.1%) to 1,498.86; Advancers 939 x decliners 691 (unch. 92), New highs 7 x new lows 58; 13/33 sectors posted gains
Nikkei Jasdaq: +0.83 (+0.0%) to 1,776.23
Yen: fractionally stronger against the US$ near the 111.30 level late in Tokyo; slightly weaker against the euro to the 163.25 level
Notes: MOTHERS lost 3.0% and HERCULES declined 2.4%. Stocks fell apart late in the afternoon on news of yet another political scandal, which brought on selling of futures and spilled over into stocks. Equities were under selling pressure across most of Asia.

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ASIAN STOCKS HAMMERED ON CONTINUED TIGHTENING CONCERNS
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Read more on Nikkei 225 Index (N225), Tokyo Stock Price Index - TOPIX (TPX/09M-TO) at Wikinvest