Japanese equities slid despite stimulus hopes

Note: This section contains information in English only.
Source: Dukascopy Bank SA
© Scanpix/AP
Japanese shares inched down as corporate results continued to disappoint investors. Slight appreciation in the Yen pushed exporters down, thus adding to losses in the Nikkei. At the same time, hopes that the BoJ will significantly expand its stimulus programme on Tuesday's meeting boosted Japanese equities. The Nikkei 225 Index eased down 0.04% to close at 8,929.34. Five sectors moved higher. Basic materials were the top-performers, with Denki Kagaku Kogyo and Mitsubishi Materials climbing 1.23% and 0.44%. Nippon Sheet Glass advanced 3.3% on news that the company is likely to report a smaller than expected operating loss for the second quarter. Meanwhile, NEC Corp posted the largest gain in Nikkei 225. The firm soared 5.71% after announcing an operating profit of JPY47.4 billion for H1. At the same time, telecommunications and consumer goods were the weakest sectors in the index. NTT DoCoMo plunged 6.00% to attain the record low after cutting its full-year operating profit target by 9%.


Back to articles

Actual Topics

Subscribe to "Fundamental Analysis" feed

订阅
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
For further information regarding potential cooperation,
please call us or make callback request.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
欲了解更多有关杜高斯贝银行差价合约/外汇交易平台，SWFX和其它相关交易详情，
请致电我们或要求回电。
To learn more about Crypto Trading / CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Business Introducer and other trading related information,
please call us or make callback request.
For further information regarding potential cooperation,
please call us or make callback request.