Japanese stocks retreat in morning session


Tokyo, April 7 (IANS): Japanese stocks extended losses on Thursday morning as the yen appreciated versus the US dollar as the US Federal Reserve reiterated its dovish stance on the pace of future tax hikes.

The 225-issue Nikkei Stock Average dropped 39.40 points, or 0.25 percent, from Wednesday to 15,675.96, Xinhua news agency reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 2.36 points, or 0.19 percent, to 1,265.39.

Notable issues that lost ground by the morning break comprised retail, transportation equipment and food-linked stocks. 

  

Top Stories


Leave a Comment

Title: Japanese stocks retreat in morning session



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.