TOKYO: Japanese stocks sat a little firmer in early Tuesday trade, with the Nikkei Stock Average NIK, -0.28% up 0.2%, heading toward what would be its 13th straight winning session for the longest streak since early 1988 — when there was no Internet and when East Germany still existed. The Topix I0000, -0.32% was 0.1% higher, with a portion of the market’s gains boosted by the weaker yen, as the dollar USDJPY, -0.08% rose to ¥124.85, up from ¥124.26 late the previous day. Amid the forex moves, some tech and industrial shares pulled higher, with Hitachi Ltd. 6501, +0.26% HTHIF, -2.18% and Nidec Corp. 6594, +1.03% NJ, -0.11% up 1% each, TDK Corp. 6762, +1.00% TTDKF, +12.29% up 1.7%, and Trend Micro Inc. 4704, +0.34% TMICY, +0.60% up 1.5%. Stock in NTT DoCoMo Inc. 9437, +3.42% DCM, +2.06% rallied 3.1% after its chief financial officer told the Nikkei business daily that the wireless telecom hopes to lift return on equity to “at least 10%” by the fiscal year ending in March 2018, up from 7.4% currently. Shares of ANA Holdings Inc. 9202, -2.82% ALNPF, +1.36% rose 1.2% as a separate Nikkei report said a creditor of bankrupt Skymark Airlines Inc. had called for a restructuring proposal without ANA as the sponsor. In the automotive sector, Takata Corp. 7312, +0.60% TKTDY, -1.03% traded 0.1% higher as a Takata executive prepared to tesify to a U.S. Congressional committee about the company’s faulty airbags. The auto makers were mixed, with Toyota Motor Corp. 7203, +0.09% TM, -0.47% up 0.7%, Nissan Motor Co. 7201, +1.00% NSANY, +0.70% up 0.4%, Mitsubishi Motors Corp. 7211, -0.52% MMTOF, -0.53% down 0.1% and Daihatsu Motor Co. 7262, -0.44% down 0.2%. Shares of Japan Tobacco Inc. 2914, -1.98% JAPAF, +1.32% lost 1.9% after a court in Canada ordered its Canadian unit and two other companies to pay a combined $12.4 billion, the biggest such judgment in Canada’s history, according to Agence France-Presse. Japan Tobacco said it would appeal the penalty.
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...
