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Tuesday, 11th May 2010
In Business In Japan,

Tokyo sees "mixed shares"

There was a mixed bag of shares on the Nikkei index this morning (May 11th), in the wake of the economic turbulence in Europe, it has been reported.

Several world banks have joined to put funds in place to try and ease the financial troubles of global markets caused by the ongoing economic problems which are currently impacting Greece.

This morning, the Nikkei index was up by 8.31 points at the end of the morning session, following a rise caused by news of the European banks' cash injection, according to AFP.

However, the Topix index of first section shares fell by 1.78 points, to finish at 942.86, reported the source.

Elsewhere, Japanese shares on overseas markets in the US and Europe "soared overnight" following the rescue package, the news agency said.

Japan is currently dealing with the impact of its deepest recession since the end of the second world war.

Written by Kimberley Homer.



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