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Strategies & Market Trends : JAPAN-Nikkei-Time to go back up?
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To: borb who started this subject12/18/2002 11:07:17 PM
From: Julius Wong  Read Replies (1) of 3902
 
Tokyo, Dec. 19 (Bloomberg) -- Japanese stocks fell, sending the Nikkei 225 Stock Average to its lowest in almost 20 years. Seven-Eleven Japan Co. and KDDI Corp. declined after the government said the economy deteriorated for a second month.

The Nikkei slid 0.5 percent to 8306.28 at the 11 a.m. break in Tokyo. The average earlier dropped to 8256.52, the lowest since the March 18, 1983 close. The Topix index lost 0.6 percent to 811.25. Investors from outside Japan were net sellers after the government said yesterday that the nation's third recession in a decade is faltering as production slumps and jobs disappear.

quote.bloomberg.com
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