Japan stocks to mark first fall in five years in 2016 - poll

Japan stocks to mark first fall in five years in 2016 - poll
 

Japanese stocks are set for an annual drop in 2016, ending a four-year 'Abenomics' rally, as corporate earnings are hit by a stronger yen, while uncertainty over the U.S. economy and European financial sector woes hit sentiment, a Reuters poll found.
Having fallen around 13 percent so far this year, the Nikkei benchmark is expected to end the year at 17,500, according to the poll of 18 analysts conducted in the past week. That would be a gain of over 5 percent from Monday's close of 16,598.67 but a drop of about 8 percent this year.
Japanese equity markets have surged in the four years... read more

 
4 October 2016 in Business, Views: 61
Source: Reuters
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