Asia Markets 5/31/2006
Stocks: (CAJ)(FUJIY)(HMC)(NIPNY)(NTT)(DCM)(TM)
Asian markets dropped sharply on concerns about the U.S.economy and interest rates.
The Nikkei dropped almost 2.5% to 15,467. Shares in Bridgestone were off over 4% to 2,290. Canon was down over 4% to 7,760. Daiwa Securites was off 3.4% to 1,378. Fuji Photo was off 3.2% to 3,670. Honda Motors was down 2.5% to 7,320. Japan Airlines was down .7% to 298. Mitsubishi Corp was down 1.7% to 2,365. NEC was off over 4% to 668. NTT was off nearly 2% to 549,000. DoCoMo was down 1.6% to 181,000. Sharp was down 3.2% to 1,860. Softbank feel sharply, 5.4% to 2,720. And, Toyoto fell 3.4% to 5,930.
Markets in Hong Kong and Korea were closed for holidays.
The Straits Times Index was off 2.4% to 2,384. Singapore Airlines was down 1.6% to 12.4. Singapore Telecom was down 1.6% to 2.5.
Douglas A. McIntyre
Asian markets dropped sharply on concerns about the U.S.economy and interest rates.
The Nikkei dropped almost 2.5% to 15,467. Shares in Bridgestone were off over 4% to 2,290. Canon was down over 4% to 7,760. Daiwa Securites was off 3.4% to 1,378. Fuji Photo was off 3.2% to 3,670. Honda Motors was down 2.5% to 7,320. Japan Airlines was down .7% to 298. Mitsubishi Corp was down 1.7% to 2,365. NEC was off over 4% to 668. NTT was off nearly 2% to 549,000. DoCoMo was down 1.6% to 181,000. Sharp was down 3.2% to 1,860. Softbank feel sharply, 5.4% to 2,720. And, Toyoto fell 3.4% to 5,930.
Markets in Hong Kong and Korea were closed for holidays.
The Straits Times Index was off 2.4% to 2,384. Singapore Airlines was down 1.6% to 12.4. Singapore Telecom was down 1.6% to 2.5.
Douglas A. McIntyre
posted by douglas mcintyre at 4:05 AM
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