Japanese Market Slightly Lower

RTTNews | 956 gün önce

(RTTNews) - The Japanese stock market is slightly lower in choppy trading on Thursday, giving up some of the gains in the previous three sessions, with the Nikkei 225 staying above the 27,400 level, following the broadly negative cues from Wall Street overnight, with exporters and financial stocks leading the declines. The benchmark Nikkei 225 Index is down 10.28 points or 0.04 percent to 27,421.56, after hitting a low of 27,352.80 and a high of 27,450.26 earlier. Japanese stocks closed significantly higher on Wednesday.

Market heavyweight SoftBank Group is gaining almost 2 percent and Uniqlo operator Fast Retailing is edging up 0.1 percent. Among automakers, Honda and Toyota are losing more than 1 percent each.

In the tech space, Screen Holdings and Tokyo Electron are gaining more than 1 percent, while Advantest is adding almost 3 percent.

In the banking sector, Mitsubishi UFJ Financial is losing almost 2 percent, while Sumitomo Mitsui Financial and Mizuho Financial are declining more than 2 percent each.

Among the major exporters, Mitsubishi Electric is down more than 1 percent and Panasonic is edging down 0.2 percent, while Sony is flat. Canon is plunging almost 7 percent after reporting disappointing third-quarter results and also slashed its annual net profit forecast.

Among the other major losers, Seiko Epson is plunging almost 5 percent, while Asahi Group and Concordia Financial are losing more than 4 percent each. Chiba Bank, Fukuoka Financial and Resona Holdings are slipping almost 4 percent each, while Sumitomo Mitsui Trust, Kawasaki Kisen Kaisha and Nitto Denko are down more than 3 percent each. Ricoh, CyberAgent and Toray Industries are declining almost 3 percent each.

Conversely, Hitachi Construction Machinery is gaining almost 5 percent, while Yaskawa Electric and Tokyo Electric Power are up almost 3 percent each.

In the currency market, the U.S. dollar is trading in the 146 yen-range on Thursday.

On Wall Street, stocks indexes went on a roller coaster ride over the course of the trading day on Wednesday after closing sharply higher for three straight sessions. The tech-heavy Nasdaq showed wild swings after an early sell-off before eventually ending the session down 228.12 points or 2.0 percent to 10,970.99.

The S&P 500 also slid 28.51 points or 0.7 percent to 3,830.60, while the narrower Dow inched up 2.37 points or less than a tenth of a percent to a new one-month closing high of 31,839.11.

Meanwhile, the major European markets have moved to the upside over the course of the session. While the German DAX Index jumped by 1.1 percent, the U.K.'s FTSE 100 Index and the French CAC 40 Index rose by 0.6 percent and 0.4 percent, respectively.

Crude oil prices climbed higher on Wednesday, buoyed by data showing a drop in gasoline stockpiles and a weak U.S. dollar. West Texas Intermediate Crude oil futures for December spiked $2.59 or 3 percent at $87.91 a barrel.

FDA, CDC Probe Salmonella Outbreak As Around 1.70 Mln Dozen Brown Eggs Recalled

The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention or CDC are investigating a Salmonella Enteritidis outbreak linked to brown eggs that sickened nearly 79 across 7 states. Associated with the ongoing probe, August Egg Co. recalled around 1.70 million dozen brown cage-free and brown certified organic eggs sold through Walmart and other retail locations.

RTTNews | 33 dakika önce

Bay Street May Open Slightly Higher

Canadian shares may open slightly higher on Monday amid optimism about some positive progress in U.S.-China trade talks. Energy stocks are likely to find some support on higher crude oil prices.. The U.S.-China discussions will aim to resolve some major trade disputes between the two major economies.

RTTNews | 2s 25 dakika önce

FTSE 100 Down Marginally At Noon

The U.K. market is down marginally at noon on Monday with investors mostly making cautious moves amid a lack of triggers. The focus is on trade talks between the U.S. and Chinese officials in London. Weak Chinese exports data weighs on sentiment.

RTTNews | 3s 37 dakika önce

CAC 40 Down Slightly In Lackluster Trade

French stocks are down slightly in lackluster trade on Monday with investors refraining from making significant moves as they await the high-level trade talks between U.S. and Chinese officials in London later in the day.

RTTNews | 3s 58 dakika önce

DAX Down Over 0.5% In Cautious Trade

German stocks are down in negative territory on Monday as investors make cautious moves while awaiting crucial talks between U.S. and Chinese officials in London later in the day. The discussions will aim to resolve some major trade disputes between the two major economies. Treasury Secretary Scott Bessent leads the U.S. delegation in the high-level trade talks.

RTTNews | 4s 19 dakika önce

Sensex, Nifty End Modestly Higher; Banks And Financials Surge

Indian shares eked out modest gains on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.

RTTNews | 4s 29 dakika önce

Church & Dwight Recalls All Lots Of Zicam Nasal, Orajel Teething Swabs

Church & Dwight Co., Inc. has called back all lots of Zicam nasal swabs and Orajel baby teething swabs citing potential microbial contamination, according to the U.S. Food and Drug Administration. Cold remedy nasal swabs are a zinc-free, homeopathic cold remedy swab designed to shorten the duration of the common cold

RTTNews | 4s 57 dakika önce

European Shares Little Changed Before Sino-US Trade Talks

European stocks were subdued on Monday as top officials from the U.S. and China meet in London later in the day to resolve their differences and ease rare-earth mineral tensions.

RTTNews | 5s 37 dakika önce

EURUSD	1.14034	GBPUSD	1.35346	AUDUSD	0.65153
USDJPY	144.604	USDCAD	1.36931	USDCHF	0.82185

Advertisement

Japanese Market Slightly Lower