Japan market summary for Thursday (Dec. 13)
Nikkei 225 Stock Average: -395.74 (-2.5%) to 15,536.52
Nikkei 225 futures Osaka: -380 (-2.4%) to 15,520, Singapore (SGX) -365 (-2.3%) to 15,535, Chicago (CME) *12/12 +305 (+1.95%) to 15,920
TOPIX: -40.83 (-2.5%) to 1,516.10; Advancers 131 x decliners 1,544 (unch. 52), New highs 8 x new lows 15; 32/33 sectors posted loss (only mining stocks were spared)
Nikkei Jasdaq: -5.80 (-0.3%) to 1,759.53
Yen: weakened 0.3% against the US$ to the 111.65 level late in Tokyo; weakened 0.5% against the euro to the 164.15 level

Notes: The Nikkei 225 was knocked further below 16,000 after recouping the level for the first time in a month on Tuesday.

An earlier Bank of America warning of further writedowns spooked the market and when in the debt the action is to SELL and take profits if possible or cut your losses — shoot and ask questions later.

Interestingly a Fed-led coalition rescued Western markets, at least for the day, but there were no buyers in Asia.

Things get interesting Friday now with the BoJ’s tankan and SQ.

MOTHERS -2.0%, HERCULES -2.5%