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Core Consumer Inflation Dips 0.6% in Japan

By Market News Video Staff, Friday, November 26, 9:33 AM ET

An important measure of inflation met economist expectations in Japan during the month of October. Consumer prices rose 0.4% month-over-month, or 0.2% compared to October 2009. Ex-food and energy, consumer prices declined 0.6% on an annual basis. The Nikkei ended the day lower by less than 1%.

The iShares MSCI Japan Index Fund (AMEX:EWJ) opened lower as well on Friday morning, as much of the market is in the red.

Top stocks with U.S. listings include Toyota (NYSE:TM) at 4.35%, followed by Honda Motor Co. (NYSE:HMC) at 2.66%. Mitsubishi UFJ Financial (NYSE:MTU) accounts for 2.65% of the fund, followed by Canon (NYSE:CAJ) at 2.37%.

Find the right mix of model portfolios today at PortfolioChannel.com


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