Nikkei drops 1.1 pct as exporters fall, but JAL rebounds
TOKYO |
TOKYO Oct 19 (Reuters) - Japan's Nikkei stock average slipped 1.1 percent on Monday as exporters such as Honda Motor Co (7267.T) fell after disappointing U.S. corporate earnings robbed the market of upward momentum sparked by earlier upbeat results. But struggling Japan Airlines Corp 9205.T rose nearly 9 percent after losing 26 percent of its value last week, staging what market players said was a temporary rebound on a sense the stock had fallen too far. The benchmark Nikkei .N225 lost 114.73 points to 10,142.83, while the broader Topix .TOPX fell 0.7 percent to 894.59. (Reporting by Elaine Lies)
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