DJIA23135.94
LIVE482.08(2.13%)
NDX8181.26
LIVE131.95(1.64%)

Japan's Nikkei slips off 14-month high, Hitachi soars


Thursday, 19 December 2019 10:45 WIB

Saham Jepang


c_740_198_16777215_00_images_assets_ASIA_2017-06-21T002850Z_1_LYNXMPED5K00M_RTROPTP_3_AUSTRALIA-STOCKS.jpg

Japan’s Nikkei share average dipped on Thursday as profit-taking set in after a recent rally to 14-month highs while Hitachi spiked higher on its business portfolio restructuring.

The Nikkei share average fell 0.32% to 23,858.75, slipping further from Tuesday’s 14-month peak of 14,091.12, while the broader Topix lost 0.25% to 1,734.13.

Many investors were eager to take profits at current levels following gains of almost 20% since a bottom in August on hopes of a cyclical recovery in the global economy, and lately, on relief over a first phase Sino-U.S. trade deal.

Hitachi jumped 4.1% to a near two-year high as investors welcomed its business restructuring drive. 

The company said it would sell its listed chemicals unit, Hitachi Chemical as well as its diagnostic imaging business in deals totalling 673 billion yen ($6.2 billion).

Hitachi Chemical rose 11.6% while Showa Denko, which bought the chemical firm, dropped 1.1%.

The buyer of Hitachi’s imaging business, Fujifilm Holdings , ticked up 0.9%.

Isuzu Motors dropped 3.9% after it announced a deal to buy UD Trucks from Sweden’s Volvo AB. The deal was announced after the market close on Wednesday.

Source: reuters


RELATED NEWS

  • Hong Kong shares finished more than one percent lower Wednesday, hit by profit-taking after a two-day rally and as investors keep tabs on the spread of the coronavirus. The Hang Seng Index slipped 1....

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.