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Home International Markets

Japan stocks end weaker, Nikkei Average loses 0.5%, Topix I0000 dips 0.2pc

byCustoms Today Report
29/12/2014
in International Markets
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HONG KONG: Japan stocks inverted surges and closed lower on Monday, following reports that a Japanese men may have been affected with the Ebola virus.

The Nikkei Average NIK, -0.50% retreated 0.5% at the close to 17,729.84, with the broader Topix I0000, +0.03% finishing 0.2% lower.
Meanwhile, the yen USDJPY, +0.03% traded at ¥120.33 against the greenback, compared with ¥120.35 in the previous session.
Earlier in the day, a Japanese man was being tested for the Ebola virus after returning to Tokyo from Sierra Leone, according to various media reports, citing the country’s health ministry.
Among market movers, Mazda Motor Corp. 7261, -2.05% fell 2.1%, Tokyo Electron Ltd. 8035, -1.65% lost 1.7%, Nintendo Co., Ltd. 7974, -1.48% declined 1.5%. However, media conglomerate Sony Corp. 6758, +0.41% bucked the trend and rose 0.4%, after it reported over $15 million in online revenues for its comedy “The Interview.”
Elsewhere, the Hang Seng Index HSI, +1.82% climbed 1.8%, catching up with the Shanghai markets after returning from a four-day weekend, as recent reports said China’s central bank had changed its rules to allow deposits from non-bank financial institutions to count as reserves, a measure aimed at increasing lending and boosting growth.
Over on the Chinese mainland, the Shanghai Composite Index SHCOMP, +0.33% extended a three-day winning streak, up 0.3% at 3,168.02.
In other Asian markets, Sydney’s S&P/ASX 200 XJO, +1.47% advanced 1.5% to 5,473.80, while Seoul’s Kospi Composite Index SEU, -1.04% fell 1% 1,927.86.

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Tags: Japan stocksMazda Motor CorpNikkei AverageTopix I0000 dips 0.2pcUSDJPY

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