>> ASIAONE / NEWS / LATEST NEWS / BUSINESS / STORY
Nikkei down 0.6% ahead of earnings, holiday
Thu, May 01, 2008
Reuters

TOKYO
Japan's Nikkei stock average slipped 0.6 per cent on Thursday, with bank shares such as Mitsubishi UFJ Financial Group and other recent gainers coming under pressure as investors lightened positions ahead of a wave of earnings announcements and national holidays in Japan.

The Nikkei average shed 83.13 points to end at 13,766.86.

In April, the benchmark gained 10.6 percent, the biggest monthly percentage gain since July 1995, when it jumped 14.9 percent.

The broader Topix index fell 0.9 per cent or 12.55 points to 1,346.10.

Financial markets in mainland China, Hong Kong, Malaysia and Singapore are shut on Thursday for a public holiday. Trading will resume on Friday. -- REUTERS

 

 
STORY INDEX
 
  Nikkei down 0.6% ahead of earnings, holiday
   
 
  Samart i-mobile to sell 1m mobile phones in Indonesia
   
 
  Fed cuts rate to 2%, keeps options open
   
 
  Japan stocks lower, dragged down by banks
   
 
  Wall St ends lower on rate uncertainty
   
 
  Service-level agreements: the ins and outs
   
 
  Training support for small tech firms
   
 
  Big sporting events give local brands international reach
   
 
  STI closes slightly lower
   
 
  Asia growth resilient, but FX rises to slow: S&P
   
We welcome contributions, comments and tips.
a1admin@sph.com.sg
   

Search: