Is Japan's stock market affecting my LSE tech shares?

Maxwell

I have shares trading on the LSE and they seem to have slumped all this week just at the time I wanted to sell some in order to purchase something. I was just wondering are the world markets being affected by what is happening in Japan?

The chaos on Japan's stock market is temporary and the world's second largest economy remains in solid shape
http://www.aib.ie/servlet/ContentServer?pagename=AIB_PersonalPortal%2FAIB_News_Items%2Faib_d_news_business&c=AIB_News_Items&cid=1132059783739&channel=HP

Basically, if I wait another week or two, should the shares recover? (they are in the IT industry)Would appreciate comments from someone with more insight?

Bluehair

Seems to be spreading all right, see here.

Hard to know which way it'll go from here but i thought the most interesting observation in the above article was "Tokyo had rallied 25% in four months - too much by any standards". Livedoor incident aside it may be just a natural market adjustment but your guess is as good as mine..

PDelux

Looks like the Nikkei is back in the good again...panic over

Hitchhiker's Guide to...

what shares are you invested in?

The 'scandal' over Livedoor in Japan is probably just a media/government witch-hunt according to the Guardian this Thursday. Thus, any effects should recover fairly immediately.

But, maybe it is a company-specific issue. I'm quite familiar with LSE tech stocks, so if you want to say which stock it is, i might be able to give some specific opinion...