OSAKA: Japanese stocks ended lower on the first trading day of the year after remaining stable throughout the day, with energy explorers declining and airlines leading increases as crude oil dropped.
Mitsubishi UFJ Financial Group Inc. dropped 1.5 percent, the biggest drag on the Topix (TPX) index. Oil explorer Inpex Corp. lost 2 percent as crude futures extended declines. Skymark Airlines Inc. jumped 17 percent after announcing it will hold an extraordinary investor meeting next month. Fujifilm Holdings Corp. rose 1.8 percent after the Sankei newspaper reported the company developed technology to mass-produce body tissue.
The Topix rebounded after the trading break amid speculation the central bank may be buying exchange-traded funds. It swung from a loss of 1.4 percent to a gain of 0.2 percent before falling 0.5 percent to 1,401.09 at the close of trading in Tokyo. The measure advanced 8.1 percent last year. The Nikkei 225 Stock Average slid 0.2 percent to 17,408.71.
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...
