Monday, August 24, 2009

Stronger yen drags Tokyo stocks down


Stronger yen drags Tokyo stocks down Tokyo - Tokyo stocks fell Friday as the yen's advance against the US dollar led investors to sell mainly export-oriented issues.

The benchmark Nikkei 225 Stock Average declined 133.1 points, or 1.28 per cent, to 10,250.31.

Automotive shares were among those titles that lost most ground, also affected by the early end of the US "cash for clunkers" car trade-in programme announced for August 24.

0 comments:

Post a Comment

 

FOREX NEWS Copyright © 2008 Green Scrapbook Diary Designed by SimplyWP | Made free by Scrapbooking Software | Bloggerized by Ipiet Notez