Sunday, July 29, 2007

Nikkei hits 4-month low on election

(Reuters) - The defeat of Japanese Prime Minister Shinzo Abe's ruling camp in upper house elections left political uncertainties, while drops in U.S. stocks on credit concerns put a lid on the overall market.




The Nikkei gave up 172.64 points to 17,111.17, after earlier falling to 17,042.66, the lowest level since April 2. The broader TOPIX index declined 0.72 percent to 1,687.39.


Read more at Reuters.com Hot Stocks News

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