• Most Popular
  • Most Shared

Nikkei falls 0.7 pct, exporters down on firmer yen

Sun May 11, 2008 8:06pm EDT

Stocks

   

(Updates with open)

Stocks  |  Global Markets

TOKYO, May 12 (Reuters) - Japan's Nikkei share average fell 0.7 percent on Monday, led down by exporters like Canon Inc (7751.T) on a firmer yen amid record oil prices and rekindled concerns about the health of the financial sector.

The benchmark Nikkei average .N225 lost 89.43 points to 13,565.91. The broader TOPIX index shed 0.7 percent to 1,332.51. (Reporting by Taiga Uranaka)



More from Reuters

Senate Majority Leader Harry Reid (D-NV) addresses senate health care legislation in a news conference at the US Capitol in Washington, December 19, 2009. REUTERS/Jonathan Ernst

Reid delivers on healthcare

Party-line Senate vote passes bill that would extend health coverage to tens of millions of uninsured Americans, but it's not law yet.  Full Article 

A security guard walks past cars in a Geely Automobile Holdings Ltd. factory in a Shanghai suburb September 28, 2006.REUTERS/Aly Song

China in auto power play

It might not shake up the industry just yet, but China's interest in Volvo and Saab is the start of something big in global autos.  Commentary | Video