Tokyo - Stocks in Tokyo fell in Tuesday morning trading after a drop in US industrial production and overnight declines on Wall Street.
The benchmark Nikkei 225 Stock Average dropped 56.5 points, or 0.65 per cent, to 8,608.16.
The broader Topix index of all first-section issues also was down 11.86 points, or 1.4 per cent, at 835.07.
Investors were also cautious, traders said, as they await the results of a US Federal Reserve meeting later Tuesday. The central bank was expected to further slash interest rates.
Madrid - Santander shares dropped by 2.1 per cent Monday after trading started at the Madrid stock exchange.
The fall followed an announcement by Spain's largest bank that one of its investment funds had an exposure of 2.3 billion euros (3.1 billion dollars) to Madoff Securities, a Wall street broker suspected of a massive fraud.
Fewer than 1,000 wealthy clients were exposed through the high-risk Optimal hedge fund unit, with institutional and international private banking clients accounting for 2.01 billion of the money.
The market, which opened positive today, pared most of its earlier gains and come off from its day’s high due to some profit booking.
Metal, realty, consumer durables stocks saw heavy buying interest in today’s session.
BSE Midcap and Smallcap index gained 2.93% and 2.67% respectively.
At 12.59 p.m., the 30-share index Sensex stood at 9.813.00, up 122.93 points, after hitting an intraday high of 9,948.33 and an intraday low of 9,802.39.
Tokyo - Stocks in Tokyo surged Monday on speculation that US automakers would receive a government bail-out and the rise of the dollar against the yen.
The developments outweighed the biggest drop in business confidence among Japan's largest manufacturers in 34 years because analysts said the drop was expected and the market had already factored it in.
The benchmark Nikkei 225 Stock Average gained 428.79 points, or 5.21 per cent, to close at 8,664.66.
The broader Topix index of all first-section issues also was up 33.56 points, or 4.13 per cent, at 846.93.
Asian Markets were trading positive during early trading session on Monday. US stock markets ended the week in positive. Indian Markets are expected to open slightly higher than Friday’s close.
Tokyo - Stocks in Tokyo fell in Tuesday morning trading after a drop in US industrial production and overnight declines on Wall Street.
Madrid - Santander shares dropped by 2.1 per cent Monday after trading started at the Madrid stock exchange.
The market, which opened positive today, pared most of its earlier gains and come off from its day’s high due to some profit booking.
