Exchange: strong decline in Tokyo
The Nikkei 225 of the Tokyo Stock Exchange yielded 2.11% at 9489.25 and passes under 9500 points on Wednesday. This decline was due to a fall in the dollar against the yen, a move that raised fears of weakening performance groups Japanese exporters, heavyweights document.
The shares of exporting firms are saddled the once heavily penalized by a strong yen and concerns about the U.S. economy.Sony so on, we let go of 1.19%, and Canon was able to take 0.66% after losing almost 4% in session.
The dollar was worth only 85.30 to 85.40 yen Wednesday in mid-session in Asia, a level at which it was not down for eight months and is lower than that on which important Nippon groups have based their forecast revenues and profits.
In terms of company announcements, the Japanese manufacturer of motorcycles and marine equipment Yamaha Motor sharply raised its forecast Wednesday for the annual results, having exceeded its goals in the first half of calendar year, helped by sales of mopeds in Asia. Yamaha now expects an annual turnover of 1.3 trillion yen (1.25 trillion previously expected cons), an increase of 12.7% over one year.It now expects an operating profit of 45 billion annually (instead of 10) and expects to complete the year with a net profit of 25 billion so he could just see the balance.
Ambiance less bearish in the rest of Asia
In Hong Kong, even, the Hang Seng returned to the equilibrium toward 7:00 and stood at 21,455.8 points. In Shanghai, the MIC 30 fold from 0.54% to 2850.5 points. In Sydney, the S & P / ASX was down 0.64% to 4545.2 points.
Oil prices fell Wednesday in Asia, while remaining above 82 dollars a barrel. In morning trading, a barrel of light sweet crude for delivery in September yielded 14 cents to 82.41 dollars a barrel.