Nikkei slips as tech, exporters sold; eyes on GM

Mon Feb 16, 2009 7:09pm EST

(Updates with opening)

TOKYO Feb 17 (Reuters) - Japan's Nikkei stock average slipped 0.8 percent on Tuesday as tech shares and exporters such as Panasonic Corp (6752.T) were sold, with exporters also hurt by a slightly stronger yen. Market attention was turned to the United States, with automakers General Motors Corp (GM.N) and Chrysler LLC [CBS.UL] required to submit new turnaround plans by Tuesday showing how they can be made viable after receiving $13.4 billion in emergency aid. [ID:nN16319867]

The benchmark Nikkei .N225 shed 59.94 points to 7,683.91, while the broader Topix .TOPX lost 0.8 percent to 764.23. (Reporting by Elaine Lies)

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