Thursday, May 31, 2012

Tokyo Stock Exchange opened down june 1 2012

Tokyo Stock Exchange opened down june 1 2012 ; Tokyo stocks have opened 0.9 per cent lower following overnight falls on other markets as risk aversion prevailed due to worries over European debt problems.

The Nikkei 225 index at the Tokyo Stock Exchange opened down 77.26 points to 8,465.47 on Friday after US stocks ended moderately lower on worse-than-expected readings on labour market and business activity data.

Given the deterioration in the US economic indicators, a cautious stance is likely to be intensified ahead of key data releases, which are the US non-farm payrolls figures and ISM manufacturing report,

A weaker euro is also likely to weigh on market sentiment, sending exporters and other stocks lower, The euro tumbled overnight amid fears that debt-riddled Greece may leave the eurozone and Spain's banking troubles could require an international rescue.

The euro was at Y97 in early Asian trade, after falling to Y96.51 in New York, the lowest level since December 2000.For the latest updates on the stock market, PRESS CTR + D or visit Stock Market Today
For the latest updates PRESS CTR + D or visit Stock Market news Today

Related Post:

No comments:

Post a Comment