Archive | August 17, 2007

Nikkei Sell-off Continues, Another Day, Another Drop; Bank Stocks Recover Big Intra-day Losses on Reports of Subprime Paper Losses

By on August 17, 2007 in Market Summary

Summary for Thursday, August 16 * Nikkei 225 Stock Average: -327.12 (-2.0%) to 16,148.49; lowest close since Nov. 29, 2006; down by more than 600 intra-day (below 16,000) * Nikkei 225 futures Osaka: -350 (-2.1%) to 16,050, Singapore (SGX) 16,040, Chicago (CME) 8/15 — 16,275 * TOPIX: -26.69 (-1.7%) to 1,567.46; Advancers 206 x decliners [...]

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