TOKYO: The Japanese stock market drifted into negative territory on Wednesday, after opening higher following the overnight gains on Wall Street. Japan’s trade data for May released before the market open showing that exports missed expectations weighed on exporters’ stocks.
In late-morning trades, the benchmark Nikkei 225 Index is down 83.87 points or 0.41 percent to 20,174.07, after rising to 20,323.08 earlier.
Among exporters, Sony Corp. (SNE), Nikon and Toshiba are declining more than 1 percent each, while Panasonic is declining 0.7 percent.
In the tech sector, Fanuc is declining 0.7 percent, Casio Computer is losing 0.2 percent and Kyocera is lower by more than 1 percent.
