Epic Research Singapore : Nikkie Stock

The Nikkei Average’s 0.7% gain in the early minutes of Thursday trade now seems like a distant memory, with the benchmark ending 0.8% lower. The broader Topix fared worse, with a 0.9% loss.

As is often the case, the fall in stocks was mirrored by a gain in the yen. The trouble all started right after China’s disappointing manufacturing read from HSBC, with dollar/yen falling from around ¥104.80 to around ¥104.35 at the Tokyo stock close.
 
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