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Thursday, July 19, 2018

Nikkei slips to two-week closing low

Japan's Nikkei average edged down to its lowest close in more than two weeks on Monday.

Written by Agencies | Tokyo | Published: June 28, 2010 12:13:16 pm

Japan’s Nikkei average edged down to its lowest close in more than two weeks on Monday as its technical picture darkened,with market players saying the next target could be the six-month low hit earlier this month.

Toyota Motor Corp fell to a 15-month closing low after news it was recalling and temporarily halting sales of its 2010 Lexus HS250h hybrid sedan due to a potential fuel leak problem.

The benchmark Nikkei slipped 0.5 per cent to 9,693.94,its lowest close since June 10,while the broader Topix shed 0.8 per cent to 860.80.

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