Asian stocks flat, Japan backs off from high
By , on February 7th, 2013
<!– google_ad_section_start –> HONG KONG (AP) — Asian stock markets mostly held steady on Thursday but Japanese stocks slid as investors took profits following a huge rally the day before. Japan’s Nikkei 225 fell 0.8 percent to 11,374.26 as investors cashed in their gains after the benchmark rose to its highest since Sept. 2008 in the previous session. The rally was sparked by the weakness of the yen, which hit a three-year low against the dollar. The currency regained some strength on Thursday, with the dollar buying 93.41 yen, down from 93.68 yen the day before. <!– google_ad_section_end –>
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Asian stocks flat, Japan backs off from high
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Asian stocks flat, Japan backs off from high
<!– google_ad_section_start –> HONG KONG (AP) — Asian stock markets mostly held steady on Thursday but Japanese stocks slid as investors took profits following a huge rally the day before. Japan’s Nikkei 225 fell 0.8 percent to 11,374.26 as investors cashed in their gains after the benchmark rose to its highest since Sept. 2008 in the previous session. The rally was sparked by the weakness of the yen, which hit a three-year low against the dollar. The currency regained some strength on Thursday, with the dollar buying 93.41 yen, down from 93.68 yen the day before. <!– google_ad_section_end –>
Read the original here:
Asian stocks flat, Japan backs off from high
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