TOKYO, January. 11, 2008 (Thomson financial supplied of Newstex) — Japanese portions lower feeling closed on Friday and driving the fixed point index to its lowest level in 26 months than report more further the losses standing suprime in connection in US hit market. Citigroup Inc. (NYSE:C) and Merrill lynch (OOTC:MERIZ) and facing CO up to 25 billion US dollar share of losses, if they income the following report week, according to the means reported. Both companies — are expected led by new CEOs, which is eager to form it mark — to turn, which is for another injection of capital, report said overseas. Fixed point the Nikkei 225 Stock Average closed down 277,32 points or 1,9 percent with 14.110.79, lowest level since November 2005. Index hit intraday low from 14.096.54 during the learning section. The more expanded Topix facilitated 23,78 points or 1,7, die to 1.377.58 is percent. Retrogressive security goods winners 1,452 to 216, with 61 expenditures invariably in terms of figures consider. Volume rose to 2,47 billion portions of 1,92 billion Thursday Stocks rose early in the profits that the day barrier following Streets over night, after federal reserve chairmen Barnanke Ben, played on interest cuts and on view on that however Bank from America (NYSE:BAC) near at buying mortgage lender country-wide Financial Corp. (NYSE:CFC) turned investors careful toward the end of the morning trade on interests over health the Japanese economy war and ahead bank gains the following week. Investor also held back ahead the long weekend — the Japanese market is Die negative for one public holiday Monday closed news report about Citigroup and Merrill added the careful tone, said Yumi Nishimura, manager for cheapness marketing at the Daiwa collateral SMBC. Citigroup is due report to the fourth quarterly income on Tuesday, followed JP Morgan of pursuit at Wednesday and Merrill lynches on Thursday ‘ with staying uncertainty more over is the credit note tumult, which covers die top side with a cap, there high possibilities that the Nikkei may case below the 14,000 support line at least temporarily, ‘ said the Yoshikiyo Shimamine, chief economists at the Dai Ichi life insurance institute Stocks fell over board, securities under uncertainty over health the Japanese economy, retrogressive with property and small sectors major. Developer Mitsui Fudosan terminated down 115 Yen, or 5,3 percent with 2.085, Mitsubishi condition (OOTC:MITEY) fell 90 Yen or 3,9 percent 2,240 and Sumitomo to property and development-to halle 180 Yen or 7,3 percent to 2.300. Department of store and supermarket operator Seven and liessen I of getting thing 195 Yen fallen, or 6,3 percent to 2,885 Yen, after him said its group operational profit probably fallen for the terminating year February, its first acceptance in six the years, due to weak the sales of Kw_clothing and other individual parts. Casual clothing chaining gates the operator, that is fast Retailing, war down 150 Yen or 1,9 percent to 7,650, war major supermarket chain operator Daiei down 37 Yen or 6,7 percent with 515, and department of store operator Isetan lost 46 Yen or 3,3 percent to 1.359. Gold stick were in the focus, after gold rose to a new height near at 900 Dollar ounce in Hong Kong. Schmelzer top that of Japan of the non-ferrous metals, Sumitomo Metal mining industry, rose too as strongly as 1,930 Yen during the learning section however newer lost steam and closed down 2,2 percent with 1.826. Meanwhile precious metal preparing firm Matsuda Sangyo closed up 25 Yen or 0,9 percent to 2,940 and extended its wining strips on five days. The Nikkei more newspaper reported that steelmakers JFE of getting thing discuss themselves and heavy machinery manufacturer IHI (OOTC:IHITF) Corp, its ship civil engineering enterprises integrating as soon as this the year and largest Shipbuilder in Japan manufactures. JFE war 30 Yen or 0,6 lower with 5.460 during IHI rose 3 Yen or 1,4 percent to 218 percent. Other Shipbuilders Mitsubishi Heavy industries, Kawasaki Heavy industries and Mitsui technology and ship civil engineering turned lower with Mitsubishi Heavy the descent 11 Yen or 2,5 percent with 435, Kawasaki Heavy descent 9 Yen or 3 percent with 289 and Mitsui technology down 18 Yen or 4,7 percent with 365. nissan motor terminated down 5 Yen, or 0,5 percent with 1.091 after the Nikkei reported that automaker Willeproduce that of Japan third largest the Versa compact car for Chrysler more under one original equipment manufacturer arrangement and beginning as soon as this year. (1 US dollar=109.01 Yen) masami.hachisu@thomson.com hm/nt - hm/ng/hm/hm/jm/hm/hm/nt/hm/cl/cl copyright Thomson financial news Limited 2007. all rights reserve Die copy, die new edition or die redistribution of Thomson financial news of contents, including by shapes or die similar means, are expressly forbidden without die prior written agreement of Thomson financial news. Newstex identification: AFX-0013-22183623
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