Although most Asian market indexes
recovered on Thursday, Nikkei 225 closed lower at 8,165.18 giving up 149.56
points or 1.8%. Analysts explain Nikkei's loss as investors attempt to catch up to yesterday's developments in Europe. German poor auction amid poor manufacturing
report from China had a negative impact on the index. Nikkei 225 was mainly hit
by blue chip companies. Fujitsu Ltd. lost 2.6%, Hitachi Ltd. declined 2.5%
while Nintendo Co. dropped 4.3%. On the upside, Olympus Corp. shares added 17.3% on
hopes that it could save its equities from delisting.