Asia’s investors slow down the price slide

New York, Tokyo The price slide on the stock markets weakened in Asia on Tuesday. The price barometer for Japan’s most important 225 companies, the Nikkei 225 index, slipped below the 25,000 point mark at the beginning of the market, but recovered quickly and went into the lunch break at 25,143.52 points, only 0.3 percent below the value on Monday .

South Korea’s Kospi Index and the Shanghai Composite Index fell slightly more sharply in early trade. Meanwhile, Singapore’s Straits Times index rose close to the previous day’s level, while Hong Kong’s Hangseng index traded slightly higher after massive price losses in the previous days.

Apparently, large investors are not responsible for stopping the crisis in Japan. “Apparently retail investors in particular are buying back into stocks because they think the companies are affordable,” said Masahiro Ichikawa, chief market strategist at the Nikkei’s Sumitomo Mitsui DS Asset Management.