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Japan Stocks May Drop, Led by Exporters on U.S. Housing Concern
By Patrick Rial
June 27 (Bloomberg) -- Japanese stocks may drop, extending the Nikkei 225 Stock Average's longest streak of declines since the beginning of March. Exporters including Sony Corp. may pace declines amid signs the U.S. housing market is worsening.
Commodities-related shares such as Mitsubishi Corp. may fall after prices of oil, copper, gold and other raw materials slumped.
``Stocks will likely start off the day continuing the recent downward slide,'' said Hiroichi Nishi, an equities manager at Nikko Cordial Securities Inc. in Tokyo. ``The economic outlook is becoming unclear.''
Toshiba Corp. may lead gains by nuclear power-related companies after the Nikkei newspaper reported the company won a power plant construction project worth about 600 billion yen ($4.87 billion). Orders for nuclear power plants have been increasing globally as soaring raw material costs make the power generation method more attractive.
Nikkei futures expiring in September last traded in Chicago at 17,965, down from the close of 18,090 in Osaka and 18,070 in Singapore yesterday. The Bank of New York Japan ADR Index, which tracks the nation's American depositary receipts, added 0.2 percent.
Yesterday, the Nikkei declined 0.1 percent to 18,066.11, a third day of losses and the longest string of declines since the five days ended on March 5. The Topix index advanced 0.1 percent to 1765.87.
To contact the reporter for this story: Patrick Rial in Tokyo at prial@bloomberg.net .
Last Updated: June 26, 2007 18:54 EDT
Japan Stocks May Drop, Led by Exporters on U.S. Housing Concern
By Patrick Rial
June 27 (Bloomberg) -- Japanese stocks may drop, extending the Nikkei 225 Stock Average's longest streak of declines since the beginning of March. Exporters including Sony Corp. may pace declines amid signs the U.S. housing market is worsening.
Commodities-related shares such as Mitsubishi Corp. may fall after prices of oil, copper, gold and other raw materials slumped.
``Stocks will likely start off the day continuing the recent downward slide,'' said Hiroichi Nishi, an equities manager at Nikko Cordial Securities Inc. in Tokyo. ``The economic outlook is becoming unclear.''
Toshiba Corp. may lead gains by nuclear power-related companies after the Nikkei newspaper reported the company won a power plant construction project worth about 600 billion yen ($4.87 billion). Orders for nuclear power plants have been increasing globally as soaring raw material costs make the power generation method more attractive.
Nikkei futures expiring in September last traded in Chicago at 17,965, down from the close of 18,090 in Osaka and 18,070 in Singapore yesterday. The Bank of New York Japan ADR Index, which tracks the nation's American depositary receipts, added 0.2 percent.
Yesterday, the Nikkei declined 0.1 percent to 18,066.11, a third day of losses and the longest string of declines since the five days ended on March 5. The Topix index advanced 0.1 percent to 1765.87.
To contact the reporter for this story: Patrick Rial in Tokyo at prial@bloomberg.net .
Last Updated: June 26, 2007 18:54 EDT
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- Registado: 24/8/2005 22:33
- Localização: Lisboa
Nikkei...
Boa tarde,
demorou 4 meses a subir o que tinha caído numa semana...é obra é..... 18.300 pts é o valor a abater, sem os quebrar, é para ficar quieto...digo eu .
Cmpts
demorou 4 meses a subir o que tinha caído numa semana...é obra é..... 18.300 pts é o valor a abater, sem os quebrar, é para ficar quieto...digo eu .
Cmpts
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grão a grão enche a galinha o papo
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Embora ninguém possa voltar atrás e fazer um novo começo, qualquer um pode começar agora e fazer um novo fim...
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Embora ninguém possa voltar atrás e fazer um novo começo, qualquer um pode começar agora e fazer um novo fim...
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