Nikkei 225

Source: Dukascopy Bank SA
© Dukascopy Bank SA
Japanese equities fell pushing down the Nikkei 225 Stock Average after a technical indicator showed the market might be overheating.  However, losses were limited amid rising utilities on possibility the nuclear reactors will be restarted this summer. The Nikkei index fell 0.19% or 17.77 points to 19,527.39. The reading has gained 0.9% this week.  Seven out of ten sectors fell with Telecommunications losing the most by dropping 2.37%, while Oil and gas lost 0.65%. Meanwhile, Utilities rose 0.90% led by surging shares of Tokyo Electric power and Chubu Electric power. Tokyo Electric Power advanced the most by jumping 13% to 149 yen, while the electricity supplier in the Central Japan region Chubu Electric Power added 5.9% to 1,120 yen. Alongside, the Sharp Corporation persisted to advance since December 4 when it announced to sell shares to Qualcomm Inc. for strategic alliance to develop displays. The television maker soared 8.54% to 216 yen. Meanwhile Fujitsu, KDDI Corp and Yokogawa Electric tumbled 3.57%, 2.97% and 2.43%.


© Dukascopy Bank SA

Actual Topics

Subscribe to "Fundamental Analysis" feed

Subscribe
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX 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.
To learn more about Dukascopy Bank Binary Options / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
To learn more about Dukascopy Bank CFD / Forex trading platform, SWFX and other trading related information,
please call us or make callback request.
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.