Nikkei falls on soft U.S. and China data, printer-makers sink

by · February 2, 2015

TOKYO, Feb 2 (Reuters) – Japanese share prices fell on Monday after soft U.S. and China economic data raised doubts over global growth prospects, while shares in two printer manufacturers tumbled after disappointing earnings.

The Nikkei share average dropped 0.7 percent to 17,558.04. The broader Topix fell 0.5 percent to 1,408.75 while the JPX-Nikkei Index 400 lost 0.3 percent to 12,785.93.

Seiko Epson fell 10.1 percent while Konica Minolta dropped 9.4 percent.

Beneficiaries from sliding oil prices in the past several months – ranging from airline companies and rubber makers to power companies – also took a big hit after oil prices posted their biggest rebound in 2-1/2 years.

(Reporting by Hideyuki Sano; Editing by Jacqueline Wong)

Nikkei Futures

admin@nikkeifutures.org

You may also like...

Rules of Discussion on Nikkei falls on soft U.S. and China data, printer-makers sink

1. This forum is for discussion of financial markets. Please respect others view even if they are contrary to you.
2. Member's comments should lead to value addition in forum discussion.
3. If anyone is found making repetitive Explicit/Abusive/Racial comments, his account shall be banned and old posts will be deleted.
4. Providing Advice/Recommendations/Tips is fine but it should be free. Members cannot ask to be paid for it. Paid Advice is stricly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Memebrs are requeuested to flag any violations to keep Forum Clean

Archives

Nikkei Futures Trend for Today

View Results

Loading ... Loading ...