Economy

xchrom

(108,903 posts)

12. asia: Japanese Stocks Fall After Ratings Firms Say EU Summit Produced Little

Tue Dec 13, 2011, 08:01 AM

Dec 2011

http://www.bloomberg.com/news/2011-12-13/japanese-stocks-fall-after-ratings-firms-say-eu-summit-produced-little.html

Dec. 13 (Bloomberg) --　Japanese stocks fell, with the Nikkei 225 (NKY) Stock Average paring yesterday’s gains, after ratings companies said last week’s European summit did little to resolve the debt crisis that has roiled markets this year.

Sony Corp. (6758), Japan’s No. 1 exporter of consumer electronics, fell 2.6 percent. Hitachi Construction Machinery Co (6305), a Japanese machinery maker that counts China as the biggest market, slid 2.6 percent after Chinese housing sales dropped. Chip-related companies including Tokyo Electron Ltd. (8035) slid after bellwether Intel Corp. cut its sales forecast. Olympus Corp. rose for a third day on speculation the scandal-hit company won’t be delisted.

The Nikkei 225 declined 1.2 percent to 8,552.81 as of the 3 p.m. close in Tokyo. The broader Topix index lost 0.8 percent to 740.71. The broader gauge has all but wiped out yesterday’s gains as investors assess the impact of Europe’s fifth major agreement in 19 months aimed at ending the crisis.

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STOCK MARKET WATCH, Tuesday, December 13, 2011 [View all] Pale Blue Dot Dec 2011 OP

Today's Reports Pale Blue Dot Dec 2011 #1

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So glad to provide amusement. Demeter Dec 2011 #25

oh that tansy... xchrom Dec 2011 #28

Watch what you say around here. Tansy_Gold Dec 2011 #34

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OMG -- a brazillian!?!?! xchrom Dec 2011 #49

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present and accounted for Tansy_Gold Dec 2011 #9

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asia: Japanese Stocks Fall After Ratings Firms Say EU Summit Produced Little xchrom Dec 2011 #12

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Privileged Host Hugin could perhaps look into that for you? Ghost Dog Dec 2011 #52

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