Nikkei slips, financials weak

Posted by 7Star Wednesday, April 8, 2009

Japans Nikkei stock average edged down 0.3 percent on Tuesday in seesaw trade, snapping a four-day rising streak, as worries about the health of US banks pressured financial stocks, although carmakers extended gains. Investor jitters about Japans imminent results season led to selling of Hitachi Construction and other shares expected to face losses, while profit-taking after recent sharp rises also weighed on the market.

0 comments

Post a Comment

Labels

Followers

Archive

BlogCatalog