Nikkei tumbles 2.2 pct on global growth woes; Recruit, Ebola-related stocks soar

jueves 16 de octubre de 2014 02:28 GYT
 

* Nikkei stays below 200-day moving average

* Recruit attracts buying, rises above IPO price

* Fujifilm, other Ebola-related shares jump on intensifying fears

By Ayai Tomisawa

TOKYO, Oct 16 (Reuters) - Japan's Nikkei share average tumbled 2.2 percent to 4-1/2-month lows on Thursday hit by deepening worries about weak global growth, lifting the safe-haven yen and dragging down exporters such as Toyota Motor Corp and Honda Motor Co.

The Nikkei ended 335.14 points lower at 14,738.38, its lowest closing level since May 30.

The benchmark stayed below its 200-day moving average for the third consecutive day.

"It's clear that people are avoiding risks," said Takatoshi Itoshima, chief portfolio manager at Commons Asset Management, adding that investors have started to doubt whether the U.S. economic recovery was strong enough to sustain the Japanese stock market.

The U.S. economy has been a relatively bright spot in the otherwise darkening global economic picture, and investors have rushed into dollars as a result.   Continuación...