Japan's Nikkei Index Ends Lower Amid Middle East War Concerns
Tokyo, March 12 (QNA) - Japan's Nikkei share average ended lower on Thursday as global oil prices resumed their climb, while concerns grew that the US-Israeli war against Iran could drag on.
The Nikkei fell 1.04 percent to 54,452.96, after falling as much as 2.2 percent earlier in the session. The broader Topix slipped 1.32 percent to 3,649.85.
All but three of the Tokyo Stock Exchange's 33 industry sub-indexes dropped, with the real estate sector losing 3.56 percent to become the worst performer. The mining sector rose 2.73 percent.
Technology stocks fell, with Advantest and SoftBank Group losing 1.55 percent and 3.6 percent, respectively. Tokyo Electron fell 1.53 percent*.
Bucking the broader market trend, Kyoto Financial Group jumped 7.43 percent after the bank more than doubled its annual net profit forecast. Shares of heavy machinery makers rose, with Mitsubishi Heavy Industries and Kawasaki Heavy Industries rising more than 3 percent each. (QNA)
English
Français
Deutsch
Español