DJIA27688.27
LIVE-3.22(-0.01%)
NDX8259.73
LIVE17.82(0.22%)

Nikkei Drops as Companies' Ex-Dividend Pressure Dents market


Wednesday, 27 March 2019 10:11 WIB

Saham JepangIndeksTopixIndeks Nikkei


c_740_198_16777215_00_images_assets_NIKKEI225_3201664p.jpg

Japan's Nikkei dropped on Wednesday morning as companies' going ex-dividend dented the market, while stability in U.S. yields supported the downside.

Companies whose business years end in March go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout.

Market participants estimated the effect of the resulting adjustment to prices would take about 170 points off the Nikkei benchmark index.

The Nikkei share average fell 0.6 percent, or 130.66 points, to 21,297.73 at the midday break. The broader Topix dropped 1.0 percent to 1,602.29, with all but one of its 33 subsectors in negative territory.

Source : Reuters


RELATED NEWS

  • Hong Kong stocks ended with gains Tuesday, clawing back some of the hefty losses from the previous day but traders remained on edge as the city was hit by fresh protests that blocked key roads and shu...

POPULAR NEWS

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.