Share

Stock market, Tokyo in the red due to Eurozone fears

Bad day for the Tokyo stock exchange which, due to fears about the European debt crisis and the depreciation of the yen against the dollar, closed in the red – Nikkei closed at -0,81% – The leading indicator in February was good, rising to 96,6, 94,4 points from XNUMX.

Stock market, Tokyo in the red due to Eurozone fears

Difficult day for the Tokyo Stock Exchange, which closes lower, while the Asian context is dominated by caution, in view of the stop for the Easter holidays. The fears for the debt crisis in Spain as well as in the Eurozone and theappreciation of the yen against the dollar, which heavily influenced thehi tech and the big exporters.

The index Nikkei it has so lost 0,81%, to 9688,45 points, while the Topix he left it on the ground 0,82%, to 825,71 points.

Despite the negative signals from the Stock Exchange, the indicators on the economic cycle bring a breath of optimism. In fact, the first signs of a slow recovery are coming from Japan. The leading indicators for the month of February is expected to rise to 96,6 points, compared to 94,4 in January.

This was announced by the Cabinet Office of Japan which, in a preliminary reading of the data, announced that in the same period the coincident index should rise to 93,7 points (from 92,7) while the deferred index (lagging index) is expected at 85,6 points from 83,4 previously.

 

comments