Monday, July 9, 2007

Nikkei retreats, Honda, auto stocks down

(Reuters) - But the market received support from Mitsui & Co. Ltd. . Shares of the trading house climbed more than 3 percent after Goldman Sachs raised its target price on the stock to 3,100 yen from 2,170 yen.




Investors were also waiting for the closely watched settlement price, known in Japan as the special quotation or "SQ", which is calculated from the opening prices of the 225 shares on the Nikkei average on the second Friday of the month.


Read more at Reuters.com Hot Stocks News

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