Japan's Nikkei Stock Average experiences slight decline

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Source: Marketwatch
© Scanpix/AFP

On Monday Japan's Nikkei Stock Average traded down 0.32% or 26.64 points and closed at 8,348.27. Japanese index was pushed down by worsening export and growth outlook. Japanese exporters depreciated index with Sony Corp. giving up 2.8%, Elpida Memory Inc. dropping 7.3% and Toyota Motors Corp. declining 2.6%. Honda Motor Co. shares lost 2.2% and also contributed negatively to index as its supplies have been disrupted by Thailand flooding.

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