Tokyo Shares End Down Amid China Jitters, Renesas Settles Up 31% – Wall Street Journal

by admin on September 24, 2012

TOKYO–Tokyo stocks fell Monday on light volume as a stronger yen and rekindled jitters over Chinese economic growth hurt shippers and steelmakers such as Mitsui OSK Lines and Nippon Steel, while troubled Renesas Electronics settled up 31% after news of a possible forthcoming financial aid package.

The Nikkei Stock Average slipped 40.71 points, or 0.5%, to 9069.29 following the prior session’s 0.3% rise.

The Topix index of all the Tokyo Stock Exchange First Section issues also slipped 2.70 points, or 0.4%, to 753.68, with 21 of 33 subindexes ending in negative territory.

Trading volume was somewhat light, totaling just 1.41 …

Source Article from http://online.wsj.com/article/BT-CO-20120924-701191.html

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