Global Credit Crisis sees Further Drop in Nintendo Stock

Nintendo loses 8.6% after the yen surged to its highest versus the euro since 2006.

With last week's drop in the Nikkei index, worldwide reverberations were still not apparent. A further drop in Japan's overall stock index, the greatest since 2003, saw Nintendo fall 8.6% on a weakened euro. The deepening credit crisis in Europe and weak real estate showings in Japan continue to shake the market.

"This is probably the worst market I've ever seen," said Hideo Arimura, a billion dollar asset manager. "It's totally dark and there's nothing that prompts investors to buy stocks."

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  The market is pretty crap world wide right now.

  jofra01, 30-11--0001 at 00:00