Profit Taking on Tuesday in Tokyo but Stocks w/ ADRs Do Well; Chugai Pharma Soars, Mitsubishi Sinks (CAJ, ATE, FUJIY, SANYY, HMC, HIT, EWJ, NMR, MTU)

In a day of profit taking the Nikkei 225, TOPIX Index, and JASDAQ were all down today. A look at the numbers and advancers/decliners below.

Nikkei 225: -24.27 (-0.17%) to close at 14,091.77, opened nearly 50-points lower, intra-day high at 14,142.27, intra-day low at 14,043.45

TOPIX: -7.95 (-0.54%) to close at 1,472.47, opened slight lower, intra-day high at 1,482.17, intra-day low at 1,471.57

JASDAQ: -0.03 (-0.03%) to close at 108.53, traded in 108 range throughout the day

Yen: broke into Y119/US$1 for new multi-month lows

* Chugai Pharmaceutical led all stocks today, soaring 6.63%, after its parent company Roche Holding AG reported that its Tamiflu (anti-flu) drug was not responsible for the death of two Japanese teenage boys. (Reuters)

* Mitsubishi affiliated company shares took a beating today as 5 Mitsubishi companies suffered 2.0% or more losses on the day.

** Chugai Pharma and many of the Mitsubishi affiliated companies down today are components of iShares Japan Index (ticker: EWJ).

Today's performance in Japan of companies traded on the Tokyo Stock Exchange with ADRs:
Advancers: Canon (ticker: CAJ) +2.15%, Advantest (ATE) +1.95%, Fuji Photo Film (FUJIY) +1.86%, Sanyo Electric (SANYY) +1.45%, Honda Motor (HMC) +0.96%, Hitachi (HIT) +0.94%.

Decliners: Nomura Holdings (ticker: NMR) -1.82%, Mitsubishi UFJ Financial Group (MTU) -1.31%