Monday, February 3, 2014

Epic Research Singapore : Nikkei Stock

The Nikkei Stock average lost 2.0% to end at 14619.13. That's well down from final day of 2013 trading, when the index hit a six-and-a-half year peak.

Japan share trading action typically reflects both the dollar and prior Wall Street indexes, and so Friday's U.S. share selloff following poor earnings reports from Amazon.com AMZN -11.00% and Chevron CVX -4.14% —combined with a selloff in the dollar—hurt the market, say traders.

As of the close of trading on the Tokyo Stock Exchange, the dollar was changing hands at ¥102.16.  


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