Tokyo stocks end 0.3 per cent lower


The Tokyo market opened higher after the S&P index logged another record close on Wall Street. "There is still some buying in undervalued and so-called laggard sectors such as banks and brokerages," said an equity trading director at a European brokerage. "But overall a lack of trading incentives, combined with reticence before Yellen's speech is enough to keep people out of the market," the trader told Dow Jones Newswires.

Read more here: Business Spectator


You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>