Tokyo stocks end down 0.45%
Having already recorded last week its biggest weekly decline in a month, the Tokyo Stock Exchange ended down 0.45% Friday, suggesting investors the opportunity for the Japanese stock market to its lowest close in six months to less than 9,400 points.
After passing downward in meeting new technical threshold to 9780 points, the Nikkei index has increased its loss to 43.54 points to finally dispose 9693.94 points, while the broader TOPIX, 6.50 lost points (-0.75%) to 860.80 points.
The agreement between the leaders of the 20 most industrialized countries in the world (G20) had a limited effect on Japanese markets, in contrast to concerns about the U.S. recovery and the high yen, which were again weighed on exporting groups.
The semiconductor equipment maker Tokyo Electron, and the specialist in digital cameras and Canon have respectively decreased by 2.49% and 1.13%.
Mizuho Financial Group ended at its lowest in seven months to 149 yen (-2.61%), reflecting the intentions of the bank to raise 861 billion yen (7.8 billion euros), a slightly higher expectations, by issuing securities should increase by 38% the volume of shares outstanding.(See)
The announcement of this operation resulted in the decline of other securities sector, Mitsubishi UFJ Financial Group and Sumitomo Mitsui Financial Group, respectively, finished with a decline of 1.91% and 1.88%.
- Tokyo stocks ended virtually unchanged, yielding 0.07%
- The Tokyo Stock Exchange ended without much direction
- The Tokyo Stock Exchange declined against the uncertain political climate
- The Tokyo Stock Exchange finished up 0.92%
- Tokyo could intervene after the new rise of the yen
