Mini-Forex trading from $100. What is Dealing Desk 2000
Current forex market
news and forecasts
Win 100$ in contest for free Forex traders forum Demo accounts for free About High Street Networking

04 February 2004 09:30  Tokyo's Nikkei ends at 6-week low; techs, banks off


TOKYO, Feb 4 - Japan's Nikkei average <.N225> fell to a six-week low on Wednesday as a weakening dollar raised concerns about a strong yen crimping corporate earnings and spurred selling of Canon Inc <7751.T> and other exporters. Bank issues continued to lose ground on growing worries about bad loans after financial sources said last week that Japan's Financial Services Agency would step up its investigation of the loans book at UFJ Bank, a unit of UFJ Holdings Inc <8307.T>. The Nikkei average <.N225> closed down 1.83 percent at 10,447.25, the lowest since December 26. It was the biggest one-day percentage fall since December 16. The broader TOPIX index <.TOPX> also fell 1.98 percent to 1,022.61.||
.....

"Business & Finance"

© 1998-2005, High Street Networking. All rights reserved