• Japanese stocks plunged 4.1%, due to the decline of «Wall Street»

    05/02/2014


     

    Losses extend to most Asian markets
    Japanese stocks plunged 4.1%, due to the decline of «Wall Street»


     
     


    Japanese stocks fell sharply today, affected by the decline on Wall Street and the rise of the yen and the Nikkei closed composed of 225 below 14,000 points for the first time since the 9th of October last year before rising slightly to close down nearly 610.66 points or 4.17 percent to 14008.47 points, while the broader Topix index retreated by 57.05 points, or 4.77 percent, to close at 1139.27 points. The S &P index in the United States on Thursday declined by 2.3 percent to 1741.89 points, and the Dow Jones industrial average closed down where the 326.05 points or 2.1 percent to close at 15372.90 points after industry data showed private sector recovery but less than expected.

    The yen rose to 114.55. He referred to the strength of the local currency to make Japanese exports more expensive abroad, undermining earnings when converted to the inside. And spread the influence of us shares to the Malaysian stock exchange closed its ' EMAS ' down 1.32 percent at 12292.19 points. And South Korea's closed market index ' Cosby ' down 1.09 percent at 1919.96 points. In Australia closed the ASX 200 down 1.75 percent at 5097.07 points. New Zealand stocks closed down and it's ' total down by 0.97 percent at 4802.62 points. Either the ' Straits Times stock index in Singapore was down 0.84 percent at 2965.80 points. The Indian stock exchange bucked the region's markets and the national stock exchange index settled ' the x ' at 20211.93 points, up a slight 0.01 percent.

© All Rights Reserved for Asharqia Chamber