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Nikkei Drops as Automakers Hit by Weak U.S. Sales


Wednesday, 3 October 2018 09:44 WIB

Saham JepangIndeksTopixIndeks Nikkei


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Japanese stocks fell on Wednesday morning as automakers were hit by a sharp drop in U.S. new car sales last month while other stocks, including financials, retreated after a rally over recent weeks.

The Nikkei share average declined 0.5 percent to 24,141.50 in midmorning trade, though it was still holding at 27-year highs.

The auto sector was the worst performer on the board, falling 2.0 percent followed by insurers and banks which shed 1 percent and 0.9 percent, respectively.

The broader Topix fell 0.2 percent to 1,819.64.

Source : Reuters


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