LOS ANGELES: Japanese stocks declined into the New Year Monday, with the Nikkei Stock Average NIK, +0.07% returning from a five-day holiday to lose 1%, while the Topix retreated 1.2%. The Nikkei Average had lost 1.6% in its last trading session, and world shareholders showed cool toward Japan stocks Monday, as Dow Jones Newswires reported 600,000 shares’ worth of net sell orders for the six foreign brokerages it tracks ahead of the market open.
While the dollar USDJPY, +0.00% held above the 120-yen mark, the relative weakness in the Japanese currency failed to help many of the blue-chip exporters: Sony Corp. 6758, -0.24% SNE, +0.44% lost 1.6%, Nikon Corp. 7731, -2.49% NINOF, -3.85% dropped 2.5%, Sharp Corp. 6753, +0.37% SHCAF, -0.82% retreated 2.2%, Nissan Motor Co. 7201, -0.76% NSANY, +0.14% fell 2%, and Toyota Motor Corp. 7203, -0.22% TM, +0.15% was down 1.1%. Shares of Panasonic Corp. 6752, +0.25% PCRFF, +0.37% gave up 1.2%, showing little obvious reaction to its plans to buy a majority of Singapore’s RFNet Technologies, according to a Nikkei news report. Retailers also pulled back, with Aeon Co. 8267, +0.62% AONNF, -4.23% and J. Front Retailing Co. 3086, +0.21% JFROF, -3.42% down 0.7% each, and Fast Retailing Co. 9983, +0.31% FRCOF, -3.43% off 1.4% ahead of its latest earnings results. However, Takashimaya Co. 8233, +0.52% TKSHF managed to add 0.2%, with a separate Nikkei report saying Takashimaya was set to partner with a major Japanese hospital “to provide medical tourists with special shopping services and merchandise information.”
shanghai shares start week with losses 25 june 2018
Hong Kong, (UrduPoint / Pakistan Point News - 25th Jun, 2018 ) :Hong Kong and mainland Chinese stocks fell on...
