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Nikkei Under Selling Pressure Again, Ends Week Slightly Lower

November 16th, 2007 · No Comments

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.

More on this topic (What's this?)
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Read more on Nikkei 225 at Wikinvest

Tags: Market Summary

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