Archive | September 24, 2007

Fukuda To Replace Abe

Markets were closed in Japan Monday for a national holiday. The big news for the moment is the election of Yasuo Fukuda to replace Shinzo Abe as prime minister. Below is an abstract from FT Alphaville’s 6am Cut. There were only two choices, so no chance of a real surprise, thus the market reaction is [...]

Read full story Comments { 0 }

Nikkei Gives Up Some Gains on Friday

Japan market summary for Friday (Sept. 21) Nikkei 225 Stock Average: -101.18 (-0.6%) to 16,312.61 Nikkei 225 futures Osaka: -110 (-0.7%) to 16,270, Singapore (SGX) -115 (0.7%) to 16,265, Chicago (CME) *9/20 -265 (-1.6%) to 16,215 ** 9/21 +185 (+1.1%) to 16,400 TOPIX: -14.77 (-0.9%) to 1,552.07; Advancers 488 x decliners 1,142 (unch. 95), New [...]

Read full story Comments { 0 }