Sponsored Links:
http://sxc.hu/
Japanese shares were mixed Monday as investors sold stocks to lock in immediate profits after recent gains, but some export-oriented issues were lifted by the yen's fall against major currencies.
The benchmark Nikkei 225 Stock Average lost 13.45 points, or 0.14 per cent, to end at 9,633.93. The Nikkei gained 2.8 per cent last week.
The broader Topix index was up 0.96 points, or 0.12 per cent, at 835.25.
A weaker yen makes Japanese goods less expensive overseas and improves repatriated earnings.
Canon Inc rallied 1.8 per cent, Sony Corp rose 1.15 per cent and Honda Motor Co jumped 1.62 per cent.
On currency markets at 3 pm (08:00 SA time), the dollar traded at 81.15-19 yen, up from Friday's 5 pm quote of 80.56-57 yen.
The euro was quoted at 109.11-14 yen, up from 107.74-78 yen late Friday, and at 1.3446-3447 dollars, up from 1.3374-3375 dollars. - Sapa-dpa
|
|
 |
 |
 |
 |
 |
Services
Buying a car has never been easy. Motoring.co.za contains a large database of car listings with a user friendly search.
Start searching today »
Financial Tools
Business Directory
You are here: IOL / Business / International / Japanese stocks mixed on profit-taking
We like to make your life easier
Mobile
Browse IOL on your phone at m.iol.co.za.
Newsletters
Subscribe to our newsletters. News delivered to your inbox!
Comment Guidelines