Home > News > Industry News > Japanese stocks fall on Nomura share plan, Asahi Glass forecast

Japanese stocks fall on Nomura share plan, Asahi Glass forecast

Post Time:Feb 09,2009Classify:Industry NewsView:127

Japanese stocks fell as Nomura Holdings Inc.’s plan to bolster capital sparked concern ownership will be diluted and Asahi Glass Co. forecast a loss this year.

Asahi Glass plummeted 10 percent to 466 yen [$5.07]. The company said on Feb. 6 it expects a net loss of 42 billion yen [$457,288,194] this year as a full-scale recovery in the global economy isn’t likely. That would mark its first loss since the year ending March 2002, according to a Feb. 9 Bloomberg report.

Read full article

Share this article:

Source: http://www.glassmagazine.com/news-item/commercial/japanese-stocks-fall-nomura-share-plan-asahi-glass-forecastAuthor:

Hot News

返回顶部