DJIA effects: Weak Hang Seng, shaky Nikkei 225 index and Japanese economy collapse

Hang Seng and Nikkei 225 index catch bullish trend

In brief: Nikkei 225 Index and the Hang Seng are losing a foothold on the background of the Asian economy new problems. The Analysts predict tough times for the Asian markets.

U.S. stock market remained in the red. The Dow Jones Industrial Average lost 0.01%, but still could not reach the green. The economic data put pressure on the market. Analysts say the lack of investor confidence for further action.

As a result of trading the main index Nikkei 225 index, reflecting the quotation 225 largest companies in the country, fell by 56.79 points (0.61%) and was 9 196.67 points. Topix lost 3.13 points, and reached to 828.11 points. Sony Corp. shares lost 3.1%. Honda Motor Co. shares have fallen in price on 1,5%. Hang Seng continued to bargain in the red zone. Bearish trend captures Asian market with new vigor.

Anrey Torbinski
2010-08-16 23:19, Economics.

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