Wednesday, April 8, 2009

Japanese stock market closed decline

Japan's stock market closed on Wednesday. Nikkei index lost 2.7% reduction has contributed to the strengthening yen on the foreign exchange market, as well as investors' anxiety about the financial results of companies in the quarter. Seasons accounting in the United States opened the eve of the biggest companies producing aluminum in Alcoa, reported the second consecutive quarterly loss.

At the auction in Tokyo today, the reduction took place in the shares of exporters. Paper Sony lost 5%, Canon -5.3%, Kyocera -4.3%.

Better to feel the market shares of automakers:

Honda -2.0%

Toyota +0.5%

Nissan +1.1%.

The negative dynamics of futures for the "black gold" has contributed to the weakening stock traders. Oil sector leader Mitsui & Co lost 2.7%, Mitsubishi Corp-1.8%.

In general, trading in the Asian areas on Wednesday ended the decline of exchange indices:

Nikkei -2.7% to 8595.01

CSI200 (China), -3.1% to 2742.64

Hang Seng (Hong Kong) -4.2% to 14306.94

KOSPI (Korea) -2.9% to 1262.07.

Prepared with input Reuters

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