Bulletin
Investor Alert

London Markets Open in:

Asia Markets Archives | Email alerts

Nov. 20, 2014, 3:51 a.m. EST

Japan stocks nudge higher as yen weakens

Hong Kong stocks dip after China’s factory activity falls

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    NIKKEI 225 Index (NIK)
  • X
    Japanese Yen (USDJPY)
  • X
    TOPIX Index (180460)

or Cancel Already have a watchlist? Log In

By Laura He, MarketWatch


Reuters Enlarge Image
Japan stocks drifted higher on Thursday, while other Asian stocks were mostly lower.

HONG KONG (MarketWatch) — Japan stocks nudged higher on Thursday, with the yen weakening against the dollar, after the country’s exports jumped in October.

The Nikkei Average /zigman2/quotes/210597971/delayed JP:NIK +0.37%  inched up 0.1%, with the yen /zigman2/quotes/210561789/realtime/sampled USDJPY +0.1460%  falling to a seven-year low against the dollar. The dollar bought ¥118.66, breaking ¥118.54, its stronger point since August 2007, compared with ¥118.03 in the previous session.

The broader Topix index /zigman2/quotes/210598092/delayed JP:180460 +0.23%  also drifted higher by 0.1%.

On Thursday, official data showed Japanese exports rose 9.6% in October from a year ago, beating an estimated 4.4% increase from a Wall Street Journal survey of economists.

Prime Minister Shinzo Abe delayed a planned tax rate hike earlier this week and called early elections, after previous data showed the economy entered a surprise contraction in the third quarter. On Wednesday, the Bank of Japan kept its stimulus program unchanged.

Among market movers, electronics maker Fujitsu Ltd. /zigman2/quotes/208459594/delayed JP:6702 +0.77%  climbed 4.5%, and camera maker Nikon Corp. /zigman2/quotes/203281219/delayed JP:7731 -0.30%   advanced 2.5%.

In Hong Kong, the Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI -0.06%  dipped 0.1%, after HSBC’s preliminary data showed Chinese factory activity fell to its lowest level in six months in November.

Over on the mainland, the Shanghai Composite Index /zigman2/quotes/210598127/delayed CN:SHCOMP -0.22%  rose 0.1%.

Elsewhere, Sydney’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.83%  gave up 1%, and Seoul’s Kospi Composite Index /zigman2/quotes/210598069/delayed KR:180721 +0.24%  finished 0.5% lower.

/zigman2/quotes/210597971/delayed
JP : Nikkei
22,697.68
+83.92 +0.37%
Volume: 0.00
June 4, 2020 2:45p
loading...
/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
109.0640
+0.1590 +0.1460%
Volume: 0.0000
June 4, 2020 2:05a
loading...
/zigman2/quotes/210598092/delayed
JP : Tokyo Exchange (TOPIX)
1,602.75
+3.67 +0.23%
Volume: 0.00
June 4, 2020 2:45p
loading...
/zigman2/quotes/208459594/delayed
JP : Japan: Tokyo
¥ 11,750.00
+90.00 +0.77%
Volume: 748,300
June 4, 2020 2:45p
P/E Ratio
14.86
Dividend Yield
1.53%
Market Cap
¥2383.95 billion
Rev. per Employee
¥28.38M
loading...
/zigman2/quotes/203281219/delayed
JP : Japan: Tokyo
¥ 1,005.00
-3.00 -0.30%
Volume: 2.04M
June 4, 2020 2:45p
P/E Ratio
51.17
Dividend Yield
3.98%
Market Cap
¥363.82 billion
Rev. per Employee
¥34.15M
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
24,311.63
-13.99 -0.06%
Volume: 1.08M
June 4, 2020 1:50p
loading...
/zigman2/quotes/210598127/delayed
CN : China: Shanghai
2,916.95
-6.42 -0.22%
Volume: 17.14B
June 4, 2020 1:50p
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
5,991.20
+49.60 +0.83%
Volume: 958,965
June 4, 2020 3:45p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,152.19
+5.19 +0.24%
Volume: 1.26M
June 4, 2020 2:45p
loading...

Laura He is a MarketWatch reporter based in Hong Kong. Follow Laura on Twitter at: @lauraliuhe.

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.