13 August 2001, 09:28  Japan stocks drop to post-bubble low on Rohm forecast

Tokyo, Aug. 13 (BridgeNews) - Japanese stocks dropped sharply to a post-bubble intraday low of 11417.70 as investors worried about overall fiscal 2001 earnings, triggered by Friday's announcement of poor outlook by major micro-chip maker Rohm Co. With market participants reluctant to take fresh positions amid Japan's summer holiday period, the Nikkei 225 Stock Average was down 243.76 points, or 2.08%, to 11,491.30.

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