Nikkei falls to fresh 1-month low on strong yen, auto stocks underperform
April 4, 2016 8:52 am
The Nikkei plummeted to a fresh 1-month low on Monday as the dollar dropped against the strong yen despite a better U.S. jobs report, while stocks in auto firms underperformed following disappointing sales.
The share average of Japan’s Nikkei fell 0.3% to 16,123.27 points.
The broader Topix jumped 0.1% to 1,302.71, supported by buying in such defensive stocks as drugmakers.
The JPX-Nikkei Index 400 was flat at 11,743.32.
The material has been provided by InstaForex Company – www.instaforex.com
The Nikkei plummeted to a fresh 1-month low on Monday as the dollar dropped against the strong yen despite a better U.S. jobs report, while stocks in auto firms underperformed following disappointing sales.
The share average of Japan’s Nikkei fell 0.3% to 16,123.27 points.
The broader Topix jumped 0.1% to 1,302.71, supported by buying in such defensive stocks as drugmakers.
The JPX-Nikkei Index 400 was flat at 11,743.32.
The material has been provided by InstaForex Company – www.instaforex.com
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