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)
- UK International News
- US International News
Rules of Discussion on Nikkei Futures
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 strictly prohibited
5. Spam links are not allowed. Too much promotion or using Contact info in ID will lead to account ban.
IMP : Members are requested to flag any violations to keep Forum Clean.