LOS ANGELES: After a mildly soft start, Japanese stocks returned to their winning ways early Monday, with the Nikkei Average NIK, -0.04% up 0.3% to claim a fresh 15-year high, and the Topix improving by 0.1%. A day ahead of a Bank of Japan decision expected to result in no major policy change, financial shares were broadly higher, with the three megabanks all climbing (Mitsubishi UFJ Financial Group Inc. 8306, +0.89% MTU, +0.77% up 1.8%, Mizuho Financial Group Inc. 8411, +0.36% MFG, +0.00% up 0.8%, Sumitomo Mitsui Financial Group Inc. 8316, +1.61% SMFG, -0.13% up 2.5%), while Nomura Holdings Inc. 8604, -0.04% NRSCF, +10.75% NMR, +0.00% added 1%, and Orix Corp. 8591, +1.98% rallied 3%. Meanwhile, the Japanese yen remained little changed against the U.S. dollar USDJPY, -0.16% (which was buying ¥121.39), the tech exporters were mixed: Toshiba Corp. 6502, -0.61% TOSYY, +0.04% rose 0.6%, and Kyocera Corp. 6971, +0.90% KYOCF, +7.85% added 0.7%, but Sharp Corp. 6753, -2.07% SHCAF, -4.21% lost 1.2%, and Hitachi Ltd. 6501, -1.23% HTHIF, +1.51% pulled back by 0.3%. Shares of Nintendo Co. 7974, +1.35% NTDOF, +1.39% added 1.4% after NPD data out at the end of last week showed U.S. revenue from its portable 3Ds device more than doubling in February. But rival Sony Corp. 6758, -3.75% SNE, -2.10% sank 2.1%, as NPD reported a 5% drop last month in PlayStation, Xbox and other gaming consoles. Auto stocks were mixed, with Nissan Motor Co. 7201, -1.12% NSANY, +0.90% edging 0.2% higher, while Honda Motor Co. 7267, -0.10% HMC, -0.61% fell 0.5%, getting no apparent help from a Nikkei news report updating progress on the HondaJet, which a Honda executive described a the “luxury sports car” of small passenger jets. HondaJet deliveries are expected to start later this year, the report said. Weakness for oil prices lifted Japan Airlines Co. 9201, +1.02% JAPSY, -0.18% by 0.6% and ANA Holdings Inc. 9202, +1.78% ALNPF, +1.36% by 0.9%, with a separate Nikkei report said JAL was losing customers on a key domestic route to ANA’s budget carrier Vanilla Air.
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...