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Article: TV ON TOKYO STOCK EXCHANGE 1ST SECTION SINKS TO 5-WEEK LOW.
- Article from:
- AsiaPulse News
- Article date:
- November 6, 2009
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TOKYO, Nov 6 Asia Pulse - The value of trading (TV) on the Tokyo Stock Exchange first section dropped Thursday to its lowest level since Oct. 1 as investors opted to stay on the sidelines amid lingering uncertainty about the economic outlook.
Trading value came to around 1.22 trillion yen (US$13.4 billion), the 34th straight business day that it undercut the 2 trillion yen threshold that signifies an active market. Despite being at the height of earnings announcements for the fiscal first half, "Investors are harboring strong uncertainty about the economy and earnings picture in the second half and beyond, so they are adopting a wait-and-see stance," says Yutaka ...