Sunday, June 24, 2007

Japanese Stocks Fall, Led by Property Developers; Takeda, Victor Advance

(Bloomberg) -- Japanese stocks declined, led by
property developers including Mitsubishi Estate Co., as
investors shifted funds out of shares that may be hurt by the
trend of increasing interest rates.

Some exporters such as Advantest Corp. and Fanuc Ltd.
gained as investors judged the benefit of a weaker yen
outweighed the risk defaults in the U.S. will curb consumer
spending in Japan's largest overseas market.


Read more at Bloomberg Stocks News

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