Financial Winners & Losers
Japan Banks: Financial Winners & Losers
Mitsubishi announced plans yesterday to raise $1 trillion yen in new shares to shore up its Tier 1 capital structure, the largest ever share-offer in the Japanese market, which actually helped to push the Japanese market down yesterday. The company announced today that it will form an intermediate holding company separate of its larger financial conglomerate and Mitsubishi UFJ Securities.
The long list of losers continued to feature the sector's biggest names, with Deutsche Bank(DB) and Goldman Sachs(GS) performing the worst in Friday's session, down 2.7% and 1.6% respectively. Citigroup(C) was down 1.4%; while JP Morgan(JPM) and Credit Suisse(CS) were down 0.2% and 0.3% respectively. The financial sector was down 0.55% for the day, almost double the S&P loss of 0.32%. -- Reported by Eric Rosenbaum in New York Follow TheStreet.com on Twitter and become a fan on Facebook.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 14.60 |
Oil *
98.65
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DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
1.21 |
10 Yr
1.46%
SPDR Gold
151.62
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-0.21%
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-0.23%
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-0.35%
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-7.65%
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Data delayed 20 minutes |
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