Global Market: Japan's Nikkei Falls for Third Straight Session as Chip Stocks Slide
5 Articles
5 Articles
Nikki's Japanese index dropped slightly, Monday, as the shares of electronic chip companies declined in the wake of the decline in American shares.
Global Market: Japan's Nikkei falls for third straight session as chip stocks slide
Japan's Nikkei share average slipped for a third straight session on Monday, primarily due to declines in chip-related stocks. The Nikkei 225 saw a decrease of 0.43%, contrasted by a 0.48% rise in the broader Topix index. Despite a surge in energy stocks driven by rising oil prices, concerns over global market fluctuations left investors wary.
The main index of the Tokyo Stock Exchange, Nikkei, closed today to fall 0.8%, reaching the lowest level in about three months, since the end of July, pressed by losses in the technological sector.
Japan’s Nikkei edges lower as tech sector weighs, energy shares rise
TOKYO, Oct 26 : Japan’s Nikkei share gauge edged lower on Monday as chip-related shares fell after a weaker Wall Street session, while energy-linked shares gained on higher oil prices. The benchmark Nikkei 225 slid 0.43 per cent to 62,425.47 in morning trade, down for a third straight session and poised for its lowest close […]
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