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Nikkei slips as global growth worries weigh

6 Comments

Japanese stocks slipped on their first trading day of 2015 as risk appetite was soured by weak prospects for global growth, offsetting gains in airline stocks which rose after crude oil prices dropped to fresh 5 1/2-year lows.

The Nikkei benchmark ended 0.2% lower at 17,408.71 points, giving up earlier gains which were fueled by speculation that the Bank Of Japan was buying stocks.

In morning trade, it dropped more than 1 percent to its lowest since Dec 18.

The broader Topix shed 0.5% to 1,401.09, while the JPX-Nikkei Index 400 fell 0.6% to 12,697.59.

© (c) Copyright Thomson Reuters 2015.

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6 Comments
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Nikkei slips as global growth worries weigh

Nikkei slips due to Nippon's negative growth and grim economic outlook.

2 ( +3 / -1 )

Things will get better... Right?

0 ( +0 / -0 )

Personally, very positive. Things will get better, they are already considerably better than they were 5 years ago.

Demographics will continue to be dark cloud but the Nikkei will go over 20,000 by the end of this year.

1 ( +3 / -2 )

When the central bank of any country starts buying private stocks it's time to sell up and get the **** out!!

0 ( +2 / -2 )

People have short memories. late 2008 to the end of 2009 was a horror show. Things are much much better now, largely due to the success of policies out of Washington.

0 ( +1 / -1 )

But Jeff we are in Japan! I haven't seen a salary rise since the bubble popped.....

-1 ( +0 / -1 )

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