Tokyo stocks end down 0.23%

The Nikkei ended down 0.23% Wednesday, penalized by concerns about the strong yen and doubts over the sustainability of U.S. economic recovery.

The Nikkei lost 21.63 points to 9,278.83 and the broader TOPIX, sold 2.9 points (0.35%) to 829.35.

While studies suggest that the Chartists fall posted recently by the Japanese stock markets draws to a close, the lack of enthusiasm shown by the indicators U.S. leaves investors hungry.

The other major concern is the expectations raised by the publication Friday of the test results of resistance experienced by 91 European banks.

For values, trading companies sector has experienced a painful session after the publication of an article revealing that Daiwa Securities Nikkei was likely to report a loss for the period April to June due to instability markets after the crisis of European sovereign debt.

Daiwa Securities dropped 3.46% and its rival Nomura Holdings fell 3.81%.

Pason Group meanwhile plunged 5.77%, the investment group of employees who predicted an annual loss due to the hardness of the labor market.

Published on 21 Jul 2010 in business opportunity, calculation, connection, tidings, work, by admin

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