Bulletin
Investor Alert

Asia Markets Archives | Email alerts

Aug. 22, 2014, 5:23 a.m. EDT

Japan stocks pull back after 9 days of gains

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
    TOPIX Index (180460)
  • X
    Japanese Yen (USDJPY)

or Cancel Already have a watchlist? Log In

By Laura He, MarketWatch


Reuters

HONG KONG (MarketWatch) — Japan stocks closed lower on Friday, breaking a nine-session string of gains.

The Nikkei Average /zigman2/quotes/210597971/delayed JP:NIK +0.51%  dropped 0.3%, but still ended higher for a second straight week. For the week, the index gained 1.4%. Meanwhile, the broader Topix index /zigman2/quotes/210598092/delayed JP:180460 +0.48%  finished 0.4% lower, while the yen /zigman2/quotes/210561789/realtime/sampled USDJPY -0.0208%  strengthened, trading at ¥103.734 against the dollar from ¥103.840 a day earlier.

Market movers included electronics giant Panasonic Corporation /zigman2/quotes/201785256/delayed JP:6752 +0.39% , falling 1.4%, computer maker NEC Corp. /zigman2/quotes/205173342/delayed JP:6701 +0.33% , losing 1.3%, electronics maker Sharp Corporation /zigman2/quotes/203224600/delayed JP:6753 -0.56% , down 1.2%, and IT services provider Fujitsu Ltd. /zigman2/quotes/208459594/delayed JP:6702 -0.98% , off 1.1%.

Other major Asian markets posted gains.

In Hong Kong, the benchmark Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI -0.32%  rose 0.5%, with index heavyweight China Mobile Ltd. /zigman2/quotes/200868736/delayed HK:941 +0.80%  advancing 0.6%, after reports said the leading state-owned telecom is creating a new media company and would open the business to private investors as part of its mixed-ownership reform push.

However, Li & Fung Ltd. , a major supplier for the likes of Wal-Mart Stores Inc. /zigman2/quotes/207374728/composite WMT +0.42% and Target Corp. /zigman2/quotes/207799045/composite TGT +1.55% , tumbled 4.6% after its first-half revenue fell short of market expectations.

Elsewhere, Sydney’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +1.51%  inched up 0.1%, the Shanghai Composite Index /zigman2/quotes/210598127/delayed CN:SHCOMP -0.12%  finished 0.5% higher, and Seoul’s Kospi Composite Index /zigman2/quotes/210598069/delayed KR:180721 +0.27%  snagged a 0.6% gain.

/zigman2/quotes/210597971/delayed
JP : Nikkei
23,204.62
+116.80 +0.51%
Volume: 0.00
Sept. 25, 2020 3:15p
loading...
/zigman2/quotes/210598092/delayed
JP : Tokyo Exchange (TOPIX)
1,634.23
+7.79 +0.48%
Volume: 0.00
Sept. 25, 2020 3:00p
loading...
/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
105.5680
-0.0220 -0.0208%
Volume: 0.0000
Sept. 25, 2020 4:59p
loading...
/zigman2/quotes/201785256/delayed
JP : Japan: Tokyo
¥ 907.30
+3.50 +0.39%
Volume: 5.52M
Sept. 25, 2020 3:00p
P/E Ratio
12.75
Dividend Yield
2.76%
Market Cap
¥2116.95 billion
Rev. per Employee
¥29.74M
loading...
/zigman2/quotes/205173342/delayed
JP : Japan: Tokyo
¥ 6,020.00
+20.00 +0.33%
Volume: 2.03M
Sept. 25, 2020 3:00p
P/E Ratio
17.04
Dividend Yield
1.33%
Market Cap
¥1636.50 billion
Rev. per Employee
¥26.58M
loading...
/zigman2/quotes/203224600/delayed
JP : Japan: Tokyo
¥ 1,233.00
-7.00 -0.56%
Volume: 2.40M
Sept. 25, 2020 3:00p
P/E Ratio
50.74
Dividend Yield
1.46%
Market Cap
¥753.17 billion
Rev. per Employee
¥50.23M
loading...
/zigman2/quotes/208459594/delayed
JP : Japan: Tokyo
¥ 14,160.00
-140.00 -0.98%
Volume: 691,000
Sept. 25, 2020 3:00p
P/E Ratio
16.73
Dividend Yield
1.41%
Market Cap
¥2835.48 billion
Rev. per Employee
¥28.38M
loading...
/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
23,235.42
-75.65 -0.32%
Volume: 1.79M
Sept. 25, 2020 4:08p
loading...
/zigman2/quotes/200868736/delayed
HK : Hong Kong
HK$ 50.35
+0.40 +0.80%
Volume: 12.56M
Sept. 25, 2020 4:08p
P/E Ratio
8.80
Dividend Yield
6.46%
Market Cap
HK$1030.94 billion
Rev. per Employee
HK$1.88M
loading...
/zigman2/quotes/207374728/composite
US : U.S.: NYSE
$ 137.27
+0.57 +0.42%
Volume: 7.54M
Sept. 25, 2020 4:00p
P/E Ratio
21.88
Dividend Yield
1.57%
Market Cap
$388.99 billion
Rev. per Employee
$223,654
loading...
/zigman2/quotes/207799045/composite
US : U.S.: NYSE
$ 154.35
+2.35 +1.55%
Volume: 2.74M
Sept. 25, 2020 4:02p
P/E Ratio
22.28
Dividend Yield
1.76%
Market Cap
$77.27 billion
Rev. per Employee
$209,322
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
5,964.90
+89.00 +1.51%
Volume: 673,482
Sept. 25, 2020 5:03p
loading...
/zigman2/quotes/210598127/delayed
CN : China: Shanghai
3,219.42
-3.76 -0.12%
Volume: 16.48B
Sept. 25, 2020 3:01p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
2,278.79
+6.09 +0.27%
Volume: 697,961
Sept. 25, 2020 3:32p
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.