Nikkei ends lower on concerns about Swine Flu, stronger yen

21 May 2009 @ 05:45 am EDT

RTTNews - The stock market in Japan ended lower on Thursday, dragged down by retailers on speculation that consumers may refrain from shopping after local government officials confirmed that two students contracted Swine flu in the Tokyo region. Export-related stocks also declined following the strengthening of the local currency against the U.S. green back. Weaker closing on Wall Street on fresh concerns about recovery hopes also dented the market sentiment.

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