Tokyo stocks fall on brokerages after long weekend

Tuesday, July 18, 2006, 6:02 [IST]

TOKYO, July 18 (Reuters) The Nikkei average fell 0.76 percent on Tuesday, with shares of brokerages such as Nomura Holdings Inc.

declining amid concerns about a worsening market outlook after recent falls in U.S. stocks.

The Tokyo stock market resumed trading on Tuesday after being closed for a national holiday on Monday.

The Nikkei was down 98.04 points at 14,747.20 as of 0005 GMT, extending falls into a fifth straight session. The TOPIX index lost 1 percent to 1,506.55.

Reuters DKS GC0550

Other articles published on July 18, 2006

Novelist Mickey Spillane dies at 88

Tuesday, July 18, 2006,6:03 [IST]

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US urges India, Pakistan to resume dialogue

Tuesday, July 18, 2006,6:32 [IST]

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Dollar near 3-mth high vs yen

Tuesday, July 18, 2006,6:32 [IST]

TOKYO, July 18 (Reuters) The dollar held near a three-month high against the yen and a three-week peak versus the euro on Tuesday as investors turned to the perceived safety of the world's most liquid currency due to rising West Asia tensions. Israeli warplanes pounded Lebanon for a sixth straight day on Monday in the heaviest destruction on Lebanese territory for two decades. Tension between Israel and Lebanon forced investors to square short positions in.....

Tsunami on Indonesia's Java coast kills over 200

Tuesday, July 18, 2006,7:02 [IST]

PANGANDARAN, Indonesia, July 18: A tsunami triggered by a strong undersea earthquake off the coast of Indonesia's Java island killed 226 people, swept away buildings and damaged hundreds of fishing boats, officials and witnesses said.News of the disaster yesterday spread panic across a region still recovering from a tsunami less than two years ago in which nearly 230,000 people were killed or reported missing, mostly in Indonesia. But there were no reports of casualties or damage in any other country.....

Nikkei falls on West Asia tensions, Canon down

Tuesday, July 18, 2006,7:32 [IST]

TOKYO, July 18: The Nikkei average fell 1.85 percent on Tuesday as selling on continued violence in the West Asia hit large-cap core stocks while Canon Inc. lost ground on a report of a U.S. rival's entry into the office-use colour printer market.''The selling now has little do to with the Japanese economy and its fundamentals,'' said Tsuyoshi Nomaguchi, strategist at Daiwa Securities.''It's about investor worries about capital flight for safer assets, which is being reflected in a sell-off.....