Monday, March 3, 2008

The Weakness of Wall Street hit Asia

wall street
The Asian funds market lost a maximum money in the first day from the working week, because of the affraids for American Economy. The financial sector was the most seriously hit from investors sales and in the panik slowly caught the whole sector, wrote Bloomberg. The Japanian corporation Takefuji signed its largest daily decreasing from three weeks ago, because of the news from realized losses in a count of 291 millions. The automobile company Toyota decreased the pric of its shares, because of getting up of the JEN, which made the export harder. The minning company BHP Billiton lost because of the becoming a cheaper copper.
"The American Economy is getting narrow and that is sure", commented analyzer from Deutsche Bank. "The weakness of capital markets will continue in the next some months", continued he.
The regional index MSCI lost 3% from the level of 143.11 points, which is the hardest decreasing from 6th February. In February the exchange indexes in Asia finished on possitive area, but with its weak presentation today, are again on the values of January.

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