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Japanese Stock Market Shocked by Samsung Electronics

Posted April. 15, 2005 23:38,   


Samsung Electronics’ lackluster performance has dealt a severe blow to the Japanese stock market. Affected negatively by announcement of IBM’s performance, the already-weak Tokyo index started to spiral downwards following Samsung Electronics’ s first-quarter reports. The Nikkei average index fell 192.48 yen (1.66 percent) from the previous day. An investor at an investment company in Tokyo is watching the quotes.