Tokyo stocks end down 1.14%

May 11, 2010 - 5:14 am Comments Off

Japanese stocks ended down Tuesday on profit-taking, the euphoria at the European level stabilization dissipating rapidly.

The Nikkei lost 1.14% or 119.60 points to 10,411.10 points and the broader TOPIX, yielded 1.33% or 12.54 points to 932.10 points.

Mizuho Financial has finished in fall of 4.68% to 163 yen on expectations of capital increase.

Sumitomo Mitsui Financial Group lost 3.63% to 2,815 yen, its affiliate that specializes in consumer credit Promise tumbled 17.38% to 713 yen after providing it might be lost.

Toyota Motor ended down 0.7% to 3495 yen, before the publication of its results just after the closing.

The food group Ajinomoto forsaken 3.65% to 818 yen.The company said its operating profit to 57 billion yen this year, down 11% from the previous year and below the consensus of 66.4 billion yen Thomson Reuters I / B / IO

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