Tokyo stocks ended virtually unchanged, yielding 0.07%

Tokyo stocks ended virtually unchanged on Tuesday (-0.07%), caught between downward pressure related to the strength of the yen and satisfaction related to solid quarterly results and found the stronger than expected for Sales of new homes in the United States.

The Nikkei index closed at 9496.85 points while the broader TOPIX, took 0.03% to 846.12 points.

Home sales in the nine to the United States jumped from 23.6% in June is, in percentage, the stronger rebound since May 1980, reassuring investors about the risk of a relapse of the U.S. economy.

In terms of value, the manufacturer of household products Kao Corp. gained 1.1% to 2.111 yen after the announcement of an increase of 34.6% of its operating profit for the period April to June, to 26.17 billion yen (231 million euros).

In contrast, the continued strength of the yen continues to handicap the exporting groups.

The semiconductor equipment supplier Tokyo Electron, the semiconductor maker Advantest, and the carmaker Honda and decreased from 0.42 to 1.62%.

European markets end slightly down, Paris sells 0.13%

European shares ended slightly lower Wednesday, ending six consecutive sessions upward, banking stocks have suffered from the perspective of capital rules and more stringent risk for banks.

The increase of the high tech, according to results from Intel, however, helped to significantly reduce losses. Without appease investors who wait with some anxiety the results of stress tests of banks, July 23.

In Paris the Cac 40 index loses and 0.13% to 3632.98 points.The FTSEurofirst 300 index, which gained 8.2% over the previous six sessions, do likewise yields only 0.14%.

The European banking index, which lost more than 1% in session, ended the day on a decline of 0.42%. This is the second segment loss of the day and not as the first meeting. On the contrary, it confirms the high techs gain the most important day of 1.21%.

For banks, BNP Paribas, HSBC and Societe Generale have lost 1% to 2.7%.

For the high techs, ASLM Holdings gained 3.05%. The world leader in machine lithographed raised its revenue outlook for 2010, strong demand for its machines that allowed him to achieve results better than expected second quarter.