News Column

Japan ends win streak

July 3, 2014



Japanese stocks broke a three-day winning streak on Thursday, with investors eyeing the U.S. June jobs report due out later in the day.

Japan'sNikkei 225 index docked 21.68 points, or 0.1%, to 15,348.29, pulling back from one-week high, while the yen weakened to 101.938 per U.S. dollar from 101.787 per U.S. dollar on Wednesday.

The Hang Seng Index in Hong Kong backpedaled 18.18 points, or 0.1%, to 23,531.44

Tech stocks were mixed, with electronics giant Sony Corp. down 1.5%, industrial robot maker Fanuc Corp. off 1.1%, while semiconductor manufacturer Toshiba Corp. gained 2.5%, and console maker Nintendo Co. rose 2.1%.

Mainland property developers were well bid, as Shimao Property Holdings jumped 6.4%, Country Garden Holdings climbed 3.8%, and China Resources Land rose 2.2%. However, Want Want China Holdings, the country's top food and beverage maker, declined 3.4%.

In other markets;

The Shanghai CSI 300 added 9.33 points, or 0.4%, to 2,180.19

In Korea, the Kospi index slipped 4.31 points, or 0.2%, to 2,010.97

Singapore's Straits Times Index progressed 9.24 points, or 0.3%, to 3,273.15

In Taiwan, the Taiex index jumped 41.27 points, or 0.4%, to 9,526.23

In New Zealand, the NZX 50 gained 18.01 points, or 0.4%, to 5,167.39

Australia's S&P/ASX 200 hiked 35.84 points, or 0.7%, to 5,491.25


For more stories covering the world of technology, please see HispanicBusiness' Tech Channel



Source: Baystreet Foreign Markets Wrap (Canada)


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