Japanese shares dip on US stimulus measures concerns

Note: This section contains information in English only.
Source: Dukascopy Bank SA
Japanese shares were bearish on Thursday amid escalated worries that the Fed is considering stopping its bond-buying program sooner-than-expected. Weak performance of US stock markets also put heavy selling pressure on Japanese equities. The Nikkei 225 Index plunged 1.39% to close at 11,309.13. All industries finished in the negative area. On the upside, GS Yuasa Corp surged 7.98%, the biggest gain in Nikkei 225 Index, on speculation that senior Boeing Co executive plan to meet on Friday with the head of the U.S. Federal Aviation Administration and present measures to prevent battery failures that forced Boeing Co to ground its Dreamliner jets for more than a month. GS Yuasa Corp. is the main supplier of batteries for 787 Dreamliner. The top-losers were telecommunications and basic materials, retreating 2.15% and 1.82%. KDDI Corp and Softbank Corp moved lower 1.88% and 2.50%, while Dowa Holdings Co and JFE Holdings Inc retreated 3.15% and 4.42%.
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