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Oct. 14, 2014, 5:34 a.m. EDT

Japan stocks slide to two-month low

Sydney stocks advance

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By Laura He, MarketWatch


Reuters

HONG KONG (MarketWatch) — Following overnight weakness in U.S. markets, Japan stocks fell on Tuesday for a fifth day in a row, closing at the lowest level in two months, as the yen strengthened against the dollar.

The Nikkei Average /zigman2/quotes/210597971/delayed JP:NIK -3.67%  slid 2.4% to 14,936.51, breaking the key 15,000 mark. The broader Topix /zigman2/quotes/210598092/delayed JP:180460 -3.65%  also shredded 2.3%. Meanwhile, the yen /zigman2/quotes/210561789/realtime/sampled USDJPY -1.3670%  strengthened to ¥107.15 against the dollar, compared with ¥107.00 a day earlier.

Stocks declined across the board, with auto makers and tech exporters losing heavily.

Toyota Motor Corp. /zigman2/quotes/203803129/delayed JP:7203 -3.48%  skidded 3.9%, Mazda Motor Corp. /zigman2/quotes/204777714/delayed JP:7261 -4.82%  fell 3.7%, and Nissan Motor Co., Ltd. /zigman2/quotes/208298710/delayed JP:7201 -1.42%  and Honda Motor Co., Ltd. /zigman2/quotes/200490352/delayed JP:7267 -4.26%  both dropped 2%.

The tech sector also took a hard hit, with index heavyweight SoftBank Corp. /zigman2/quotes/207303954/delayed JP:9984 -4.31%  pulling back 3.1%. Among other losers in the sector, camera maker Olympus Corp. /zigman2/quotes/200860615/delayed JP:7733 -2.87%  sank 4.4%, electronic giant Sharp Corporation /zigman2/quotes/203224600/delayed JP:6753 -5.05%  tumbled 4.2%, semiconductor manufacturer Renesas Electronics Corp. /zigman2/quotes/203872935/delayed JP:6723 -7.00%  lost 3.9%, media conglomerate Sony Corporation /zigman2/quotes/201361720/delayed JP:6758 -3.87%  declined 3.2%, and electronics maker Panasonic Corporation /zigman2/quotes/201785256/delayed JP:6752 -4.85%  gave up 3.1%.

Energy shares suffered from the falling international crude prices, with Showa Shell Sekiyu K.K.  down 4.4%, Japan Petroleum Exploration Co., Ltd. /zigman2/quotes/201212147/delayed JP:1662 -5.83%  off 3.2%, and Inpex Corporation /zigman2/quotes/206689846/delayed JP:1605 -2.67%  lower by 1.1%.

In other Asian markets, Hong Kong and Shanghai stocks both finished lower, with the Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI -2.42% and the Shanghai Composite Index  /zigman2/quotes/210598127/delayed CN:SHCOMP -3.71% down 0.4% and 0.3% respectively.

However, Australian stocks advanced, as the S&P/ASX 200 settled /zigman2/quotes/210598100/delayed AU:XJO -3.25%  1% higher, while the Aussie dollar /zigman2/quotes/210560947/realtime/sampled AUDUSD -0.9741%  slipped to 87.53 U.S. cents from 87.58 U.S. cents in the previous day.

South Korea’s Kospi Composite Index /zigman2/quotes/210598069/delayed KR:180721 -3.30%  also eked out gains, ending up 0.1%.

/zigman2/quotes/210597971/delayed
JP : Nikkei
21,142.96
-805.27 -3.67%
Volume: 0.00
Feb. 28, 2020 3:15p
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/zigman2/quotes/210598092/delayed
JP : Tokyo Exchange (TOPIX)
1,510.87
-57.19 -3.65%
Volume: 0.00
Feb. 28, 2020 3:00p
loading...
/zigman2/quotes/210561789/realtime/sampled
US : Tullett Prebon
108.0890
-1.4980 -1.3670%
Volume: 0.0000
Feb. 28, 2020 4:59p
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/zigman2/quotes/203803129/delayed
JP : Japan: Tokyo
¥ 7,127.00
-257.00 -3.48%
Volume: 10.62M
Feb. 28, 2020 3:00p
P/E Ratio
8.24
Dividend Yield
3.09%
Market Cap
¥20149.10 billion
Rev. per Employee
¥81.43M
loading...
/zigman2/quotes/204777714/delayed
JP : Japan: Tokyo
¥ 750.00
-38.00 -4.82%
Volume: 7.46M
Feb. 28, 2020 3:00p
P/E Ratio
8.03
Dividend Yield
4.67%
Market Cap
¥472.34 billion
Rev. per Employee
¥71.32M
loading...
/zigman2/quotes/208298710/delayed
JP : Japan: Tokyo
¥ 463.60
-6.70 -1.42%
Volume: 29.12M
Feb. 28, 2020 3:00p
P/E Ratio
43.48
Dividend Yield
2.16%
Market Cap
¥1814.13 billion
Rev. per Employee
¥85.36M
loading...
/zigman2/quotes/200490352/delayed
JP : Japan: Tokyo
¥ 2,799.50
-124.50 -4.26%
Volume: 8.46M
Feb. 28, 2020 3:00p
P/E Ratio
10.42
Dividend Yield
4.00%
Market Cap
¥4890.48 billion
Rev. per Employee
¥73.06M
loading...
/zigman2/quotes/207303954/delayed
JP : Japan: Tokyo
¥ 5,013.00
-226.00 -4.31%
Volume: 24.73M
Feb. 28, 2020 3:00p
P/E Ratio
33.63
Dividend Yield
0.88%
Market Cap
¥10383.70 billion
Rev. per Employee
¥126.96M
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/zigman2/quotes/200860615/delayed
JP : Japan: Tokyo
¥ 1,962.00
-58.00 -2.87%
Volume: 12.48M
Feb. 28, 2020 3:00p
P/E Ratio
42.34
Dividend Yield
0.51%
Market Cap
¥2522.30 billion
Rev. per Employee
¥22.14M
loading...
/zigman2/quotes/203224600/delayed
JP : Japan: Tokyo
¥ 1,260.00
-67.00 -5.05%
Volume: 4.14M
Feb. 28, 2020 3:00p
P/E Ratio
12.87
Dividend Yield
1.98%
Market Cap
¥769.67 billion
Rev. per Employee
¥50.23M
loading...
/zigman2/quotes/203872935/delayed
JP : Japan: Tokyo
¥ 651.00
-49.00 -7.00%
Volume: 13.72M
Feb. 28, 2020 3:00p
P/E Ratio
510.11
Dividend Yield
N/A
Market Cap
¥1113.40 billion
Rev. per Employee
¥36.92M
loading...
/zigman2/quotes/201361720/delayed
JP : Japan: Tokyo
¥ 6,611.00
-266.00 -3.87%
Volume: 11.64M
Feb. 28, 2020 3:00p
P/E Ratio
12.74
Dividend Yield
0.68%
Market Cap
¥8108.31 billion
Rev. per Employee
¥72.37M
loading...
/zigman2/quotes/201785256/delayed
JP : Japan: Tokyo
¥ 1,030.50
-52.50 -4.85%
Volume: 16.25M
Feb. 28, 2020 3:00p
P/E Ratio
8.33
Dividend Yield
2.91%
Market Cap
¥2404.02 billion
Rev. per Employee
¥29.74M
loading...
/zigman2/quotes/201212147/delayed
JP : Japan: Tokyo
¥ 2,311.00
-143.00 -5.83%
Volume: 367,700
Feb. 28, 2020 3:00p
P/E Ratio
6.63
Dividend Yield
2.16%
Market Cap
¥132.08 billion
Rev. per Employee
¥156.48M
loading...
/zigman2/quotes/206689846/delayed
JP : Japan: Tokyo
¥ 932.90
-25.60 -2.67%
Volume: 14.04M
Feb. 28, 2020 3:00p
P/E Ratio
8.67
Dividend Yield
3.86%
Market Cap
¥1362.22 billion
Rev. per Employee
¥291.81M
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/zigman2/quotes/210598030/delayed
HK : Hong Kong Exchange
26,129.93
-648.69 -2.42%
Volume: 3.19M
Feb. 28, 2020 4:09p
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/zigman2/quotes/210598127/delayed
CN : China: Shanghai
2,880.30
-111.03 -3.71%
Volume: 40.12B
Feb. 28, 2020 3:01p
loading...
/zigman2/quotes/210598100/delayed
AU : S&P ASX
6,441.20
-216.70 -3.25%
Volume: 1.52M
Feb. 28, 2020 5:29p
loading...
/zigman2/quotes/210560947/realtime/sampled
US : Tullett Prebon
0.6506
-0.0064 -0.9741%
Volume: 0.0000
Feb. 28, 2020 4:59p
loading...
/zigman2/quotes/210598069/delayed
KR : Korea Exchange
1,987.01
-67.88 -3.30%
Volume: 671,551
Feb. 28, 2020 3:33p
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Laura He is a MarketWatch reporter based in Hong Kong. Follow Laura on Twitter at: @lauraliuhe.

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