Replies to post #9490 on Value Microcaps Motherboard

[MSGI]

Tokyo is down 3.3% at midday on Monday. Doesn't bode well for the market here.

Tokyo stocks plummet after U.S. losses, China woes By Lisa Twaronite
TOKYO (MarketWatch) -- Tokyo stock indexes were sharply lower at midday Monday, with the Nikkei 225 Average losing 3.3%, or 369.48 points, at 11,001.21. The broader Topix of all Tokyo Stock Exchange first section issues was down 33.42 points at 1,117.25. Foreign investors were heavy sellers after U.S. losses Friday, and sentiment was further damaged by escalting tensions between Tokyo and Beijing. Japanese Foreign Minister Nobutaka Machimura and his Chinese counterpart Li Zhaoxing each blamed the other country for being at the root of riots and attacks on Japanese missions and businesses in China.