By Laura He, MarketWatch
HONG KONG (MarketWatch) — Japanese stocks broke their four-day string of advances on Thursday, but still notched a solid gain for the month of July.
The Nikkei Average /zigman2/quotes/210597971/delayed JP:NIK +0.40% slipped 0.2% to 15,620.80, retreating from a six-month closing high in the previous day. For the month, the index climbed 3%.
The broader Topix index /zigman2/quotes/210598092/delayed JP:180460 +0.0006% also edged down 0.2%, while the yen /zigman2/quotes/210561789/realtime/sampled USDJPY +0.0336% strengthened against the dollar to ¥102.79 from ¥102.863 on Wednesday.
Console maker Nintendo Co. was among top losers, sinking 6.5%, after the company said its operating loss nearly doubled in the April-June quarter from a year ago, despite the success of its “Mario Kart 8” racing game.
Other underperformers included heavy equipment manufacturer Komatsu /zigman2/quotes/204002437/delayed JP:6301 +0.41% , declining 1.8%, electronics and media conglomerate Sony Corp. /zigman2/quotes/201361720/delayed JP:6758 +3.27% , /zigman2/quotes/208567357/composite SNE +1.59% down 1.1%, and industrial-robot maker Fanuc Corp. /zigman2/quotes/202054799/delayed JP:6954 +1.60% , off 0.9%.
In Hong Kong, stocks eked out small gains after choppy session, managing to close higher for an eighth day in a row. The Hang Seng Index /zigman2/quotes/210598030/delayed HK:HSI +0.31% ticked up 0.1%. For July, the benchmark jumped 6.8%.
Over on the Chinese mainland, the Shanghai Composite Index /zigman2/quotes/210598127/delayed CN:SHCOMP +1.39% advanced 0.9%.
Elsewhere, Australia’s S&P/ASX 200 /zigman2/quotes/210598100/delayed AU:XJO +0.59% added 0.2%, while South Korea’s Kospi Composite Index /zigman2/quotes/210598069/delayed KR:180721 +0.42% dropped 0.3%.
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