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Japan stocks slump on outlook, valuations; Asahi Glass soars

Post Time:May 12,2009Classify:Industry NewsView:122

Japanese stocks slid for the first time in six days on concern earnings will continue to decline this year and that a recent share rally was overdone.

Asahi Glass Co. surged 12 percent after Nomura Holdings Inc. raised its rating on the company to “buy.”

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Source: http://www.glassmagazine.com/news-item/commercial/japan-stocks-slump-outlook-valuations-asahi-glass-soarsAuthor:

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