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Kameron Merritt
03 July 2008
There is just way too much doubt about where things go from here" declared Yutaka Miura, senior technical researcher at Shinko instruments. "The market has fallen for 10 days, and there is
a sense that at some time it should stop and recover a bit. "Right now, we will not do anything." The baseline Nikkei had outbuilding 122.47 points, sliding to 13163.90. If it closes down, it'll book its longest losing run since 1953, when it softened for twelve straight days. Honda Motor co was down 1.7 pc to 3540 yen, becoming one of the largest drags on the Nikkei 225 by volume weight. Sony lost 0.9 pc to 4520 yen and Canon Inc was down 0.6 p.c. at 5170 yen. |