Friday, March 23, 2012

WORLD MARKET NEWS (MAR - 23)

TOKYO STOCKS CLOSE DOWN 1.14 %


23rd March – 2012

Tokyo stocks closed 1.14 per cent lower on Friday following losses on Wall Street as weak Chinese manufacturing numbers and the eurozone's beleaguered economy weighed on investor sentiment. www.goldennifty.com

The Nikkei 225 index at the Tokyo Stock Exchange ended 115.61 points lower at 10,011.47. The Topix index of all first-section issues lost 1.11 percent, or 9.54 points, to 852.53. www.goldennifty.com

News on Thursday that manufacturing activity in China, the world's number two economy, had hit a four-month low was compounded later in the day by figures indicating the eurozone was in recession. www.goldennifty.com

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