JAPAN/SOUTH KOREA: U.S. earnings gloom hits shares in Japan and South Korea as investors worry about the outlook for exporters
Record ID:
466674
JAPAN/SOUTH KOREA: U.S. earnings gloom hits shares in Japan and South Korea as investors worry about the outlook for exporters
- Title: JAPAN/SOUTH KOREA: U.S. earnings gloom hits shares in Japan and South Korea as investors worry about the outlook for exporters
- Date: 24th October 2012
- Summary: TOKYO, JAPAN (OCTOBER 24, 2012) (REUTERS) EXTERIOR OF TOKYO STOCK EXCHANGE (TSE) SIGN READING IN ENGLISH: "TOKYO STOCK EXCHANGE" STOCK TICKER ABOVE MAIN HALL OF STOCK EXCHANGE MORE OF TICKER STOCK PRICE BOARD BOARD SHOWING NIKKEI 225 AVERAGE DROPPING FROM 8949.51 TO 8949.15 AT 0931 JAPAN STANDARD TIME (0031 GMT) STOCK PRICES ON BOARD VARIOUS OF TSE EMPLOYEES AT WORK SIGN READING IN ENGLISH: "TOKYO STOCK EXCHANGE" MORE OF MAIN HALL OF TSE MORE OF TICKER VARIOUS OF CURRENCY BROKERS AT WORK AT FOREIGN EXCHANGE COMPANY SCREEN SHOWING DOLLAR-YEN EXCHANGE RATE BROKER LOOKING AT SCREEN SCREEN SHOWING DOLLAR-YEN RATE AND NIKKEI 225 AVERAGE U.S AND JAPANESE FLAGS ON TABLE MORE OF BROKERS AT WORK
- Embargoed: 8th November 2012 12:00
- Keywords:
- Location: Japan, Korea, Republic of
- City:
- Country: Japan Korea, Republic of
- Topics: Business,Economy
- Reuters ID: LVADJUNKW98GI70BJ53VQPLCT471
- Story Text: Shares fell in Japan and South Korea on Wednesday (October 24), after poor U.S. earnings increased investor uneasiness about the outlook for exporters.
Japan's Nikkei 225 share average fell about 1 percent in early trade with exporters taking a beating despite a rally over the past week and a half propelled by a weaker yen.
The Nikkei had risen for a seventh straight day of gains on Tuesday (October 23), its longest winning streak since July 2011.
In South Korea, stocks fell at the opening bell as weak third-quarter corporate earnings results at home and abroad weighed on the main board for a fourth session.
The Korea Composite Stock Price Index (KOSPI) was down 0.93 percent at 1,908.87 points at 1204 GMT. - Copyright Holder: REUTERS
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