Log in
Show password
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
  1. Homepage
  2. Indexes
  3. Nikkei 225
  4. News
  5. Summary
    N225   JP9010C00002


SummaryMost relevantAll NewsOther languagesNews of the index componentsMarketScreener Strategies

Nikkei hits 1-1/2 week low on Sino-U.S. tensions, firmer yen

07/27/2020 | 04:03am EST

TOKYO, July 27 (Reuters) - Japanese shares slid to a 1-1/2 week low on Monday as worries over worsening ties between China and the United States soured investor mood, and a firmer yen weighed on exporters.

The benchmark Nikkei 225 index fell 0.16% at 22,715.85, its lowest closing since July 17.

Shares pared losses in the afternoon, however, as traders speculated the Bank of Japan would buy ETFs after a weak morning session.

Market sentiment continued to be hit by further deterioration in Sino-U.S. relations, following the tit-for-tat closures of consulates in both countries.

The tense backdrop underpinned the safe-haven yen, with the currency rising as high as 105.38 yen to the dollar, a level unseen since March 16.

Exporters Mitsubishi Motors shed 3.24%, Toshiba Corp declined 2.16% and Honda Motor Co Ltd dropped 0.54%.

Among other individual shares, defence-related names gained due to tensions between the two largest economies.

Mine manufacturer Ishikawa Seisakusho Ltd rallied 6.23%, while flare manufacturer Hosoya Pyro-Engineering Co Ltd added 7.57%.

The largest percentage loss in the index was Nikon Corp , which fell 7.15% after Intel Corp shares signalled it may stop manufacturing its own chip components.

Other semiconductor-related companies were also bruised, with Screen Holdings Co Ltd slipping 1.81%, while Disco Corp and Alps Alpine Co Ltd lost 2.22% and 3.59%, respectively.

The broader Topix recouped its early losses to close up 0.24% at 1,576.69. (Reporting by Eimi Yamamitsu; editing by Uttaresh.V and Krishna Chandra Eluri)

ę Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ALPS ALPINE CO., LTD. 1.98% 1031 End-of-day quote.-24.08%
DISCO CORPORATION 0.31% 32600 End-of-day quote.-6.19%
EURO / JAPANESE YEN (EUR/JPY) -0.06% 127.6 Delayed Quote.1.42%
HONDA MOTOR CO., LTD. 0.53% 3199 End-of-day quote.11.17%
HOSOYA PYRO-ENGINEERING CO., LTD. 2.11% 1014 End-of-day quote.-41.25%
INTEL CORPORATION -0.51% 49.25 Delayed Quote.-1.14%
ISHIKAWA SEISAKUSHO, LTD. 4.64% 1377 End-of-day quote.-29.57%
MITSUBISHI MOTORS CORPORATION 2.33% 351 End-of-day quote.61.75%
NIKKEI 225 1.00% 28029.57 Real-time Quote.1.13%
NIKON CORPORATION 2.55% 1206 End-of-day quote.85.25%
SCREEN HOLDINGS CO., LTD. 0.53% 11410 End-of-day quote.50.13%
TOSHIBA CORPORATION 2.53% 4743 End-of-day quote.64.40%
All news about NIKKEI 225
12/03Wall Street Set for Narrow Gains, US Unemployment Rate Falls in November
12/03US Equity Futures Little Changed as Investors Await November Payrolls; Europe Rises, As..
12/03Daiwa Overnight Economic News Summary
12/03Asian Stock Markets Mixed on Pandemic Outlook, Wall Street Listing Issues
12/03Nikkei 225 Gains 1% on Merck Covid-19 Drug Application
12/03Japan November Services, Composite PMIs Indicate Stronger Expansion
12/03Japanese Shares Close With Gains on Japan Services Data
12/03Japanese Shares Close with Gains as Services Sector Growth Accelerates
12/03Merck & Co. Said to Seek Japanese Regulatory Nod for COVID-19 Pill
12/03Merck Applies for Covid Pill Approval in Japan, Nikkei Reports
More news
News of the index components NIKKEI 225
12/04NISSAN MOTOR : and NISMO unveil Z GT500 race car for Super GT series
12/03TOYOTA MOTOR : Stock Information
12/03KDDI Corporation and Mawari Inc. to Launch a Digital Human as a Service Using AWS Wavel..
12/03Toyota Said to Launch Electric Sedan in China Next Year
12/03NIPPON ELECTRIC GLASS : Integrated Report 2020(1/2)
12/03NIPPON ELECTRIC GLASS : Integrated Report 2020(2/2)
12/03Bridgestone Completes Acquisition of Otraco OTR Tire Management
More news
Chart NIKKEI 225
Duration : Period :
Nikkei 225 Technical Analysis Chart | N225 | JP9010C00002 | MarketScreener
Technical analysis trends NIKKEI 225
Short TermMid-TermLong Term
Heatmap :