Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Indexes  >  Nikkei 225    N225   JP9010C00002

NIKKEI 225

(N225)
SummaryQuotesChartsNewsHeatmapComponents 
SummaryMost relevantAll NewsNews of the index componentsMarketScreener Strategies

Nikkei dips as yen firms, earnings disappoint

share with twitter share with LinkedIn share with facebook
07/29/2020 | 12:36am EDT

TOKYO, July 29 (Reuters) - Japanese shares extended losses on Wednesday as a stronger yen and dismal earnings reports hurt sentiment, while Canon Inc slid to a near 21-year low on its first quarterly loss.

The Nikkei share average fell 0.79% to 22,479.05, with 44 advancers and 176 decliners on the index.

The broader Topix lost 0.86% to 1,555.65. All but five of 33 sector sub-indexes on the Tokyo exchange traded in the red.

The safe-haven yen stood firm, denting market sentiment, as the dollar remained weak on pessimism over a quick economic recovery. The Japanese yen rose as high as 104.955 to the dollar in the previous session, hitting an over 4-month high.

Earnings results from several Japanese firms on Tuesday also highlighted the toll the coronavirus outbreak is taking on the economy.

Canon Inc dived 13.14% to its lowest level since March 1999 after the camera and printer manufacturer reported its first ever quarterly loss.

Nissan Motor slipped 9.47% after the automaker warned of a record operating loss this year and its lowest sales in a decade.

Fanuc Corp dropped 7.16% after the factory automation company forecast its operating profit to decline for the fiscal year.

Meanwhile, Omron added 2.15%, having touched a record high early in the session, after the electronics maker reported upbeat April-June earnings.

Elsewhere, Laox Co Ltd, a Japanese electronics retailer controlled by Chinese electronics retail giant Suning Appliance Co Ltd, lost 6.29% after the firm said it would shut down half of its stores as the coronavirus outbreak kept away tourists.

McDonald's Holdings Company Japan dropped 8.08% after McDonald's Corp said it planned to reduce stake in Japan. (Reporting by Eimi Yamamitsu; Editing by Vinay Dwivedi)


Stocks mentioned in the article
ChangeLast1st jan.
ADVANCED MICRO DEVICES, INC. 0.33% 82.23 Delayed Quote.79.31%
ADVANTEST CORPORATION 0.37% 5490 End-of-day quote.-10.88%
CANON INC. 3.32% 1788 End-of-day quote.-40.13%
FANUC CORPORATION 0.19% 21580 End-of-day quote.6.15%
LAOX CO., LTD. -1.66% 178 End-of-day quote.-33.33%
MCDONALD'S CORPORATION -1.94% 224.27 Delayed Quote.13.49%
MCDONALD'S HOLDINGS COMPANY (JAPAN), LTD. -0.39% 5050 End-of-day quote.-3.63%
NIKKEI 225 -0.04% 23485.8 Real-time Quote.-0.59%
NISSAN MOTOR CO., LTD. 0.80% 391 End-of-day quote.-38.53%
OMRON CORPORATION 0.25% 7900 End-of-day quote.23.05%
TOKYO ELECTRON LIMITED -0.12% 28415 End-of-day quote.18.77%
share with twitter share with LinkedIn share with facebook
All news about NIKKEI 225
02:20aNikkei closes little changed as upbeat earnings offset coronavirus woes
RE
02:18aAsian shares slip as surging coronavirus cases weigh on global economy
RE
02:00aFACTBOX-Japan Post Insurance says JGBs becoming attractive, may buy Japan sha..
RE
10/26Asian shares hit by surging coronavirus cases, U.S. stimulus woes
RE
10/26Japanese shares trim early losses as upbeat earnings lift Canon
RE
10/26JAPAN AIRLINES : to post record $2.2 billion net loss this year - Nikkei
RE
10/26JAPAN AIRLINES : to post record $2.2 bln net loss this year - Nikkei
RE
10/26Japan's nikkei average futures down 0.4 pct in early trade
RE
10/26Stocks slide on surging COVID-19 cases, stimulus doubts; dollar rises
RE
10/26Weekly market update : The economic outlook depends on Covid-19
More news
News of the index components NIKKEI 225
02:45aHITACHI CONSTRUCTION MACHINERY : Financial Results for the Second quarter Ended ..
PU
02:38aURGENT : ANA expects record net loss of 510 bil. yen in FY 2020 amid pandemic
AQ
02:08aANA : Urgent Headline News
AQ
02:00aDAI ICHI LIFE : FACTBOX-Japan's Dai-ichi Life plans to increase domestic bonds h..
RE
01:58aNISSAN MOTOR : to boost production capacity in China amid pickup in demand
AQ
01:21aHITACHI : "Paperless & Office" Innovations to Achieve New Workstyles in the New ..
AQ
12:57aMITSUBISHI CORPORATION : Cross-Industry Investment by Seven Enterprises in New T..
AQ
More news
Chart NIKKEI 225
Duration : Period :
Nikkei 225 Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends NIKKEI 225
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Top / Flop NIKKEI 225
Heatmap :