Daiwa Securities Profit Declines Nikkei Down

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Market Update :

Daiwa Securities Profit Declines, Nikkei Down

Author: 123jump.com Staff
123jump.com
Last Update: 5:04 PM EDT April 04 2008

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Japan stocks fell on Friday but for the week rose on global markets recovery. Financial stocks are still under the pressure and banks and securities companies are focus of intense speculation. Daiwa Securities annual profit fell 51% and reported a loss in the fourth quarter.

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