DJIA29348.10
LIVE50.46(0.17%)
NDX9173.73
LIVE48.73(0.53%)

Japanese Shares Slip on Stronger Yen Ahead of Earnings Season


Tuesday, 16 July 2019 08:13 WIB

Saham JepangIndeksTopixIndeksNikkei 225


c_740_198_16777215_00_images_assets_NIKKEI225_11Asa358085_620.jpg

Japanese shares fell as a stronger yen spurred concern over earnings outlooks, with most companies reporting results over the coming weeks.

Electronics makers weighed most heavily on the benchmark Topix in early trading in Tokyo. The Japanese currency maintained ground at around 107.9 per dollar after gaining 0.5% over the past two trading sessions. Local markets resumed trade Tuesday following a national holiday Monday.

The average dollar-yen forecast from the nation’s large manufacturers is 109.35 for the fiscal year ending March 31, according to the Bank of Japan’s latest quarterly Tankan survey.

Topix index -0.4% to 1,570.42 as of 9:41 a.m. in Tokyo. Nikkei 225 index -0.5% to 21,589.14.

Yen little changed at 107.91 per dollar.

Source : Bloomberg


RELATED NEWS

  • Hong Kong stocks finished Friday on a positive note, with investors retaining optimism over the outlook following this week's signing of the China-US trade pact that eased tensions between the economi...
  • Stocks were little changed on Friday after hitting record highs as Wall Street wrapped up a solid weekly performance amid strong global economic data and a solid start to the earnings season. The Dow...
  • U.S. stock rose at the start of trade Friday, with the major benchmarks reaching new highs in just the third week of the year, after data on new U.S. home construction showed it surging to 13-year hig...

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.