May 1, 2013 / 12:15 AM / 5 years ago

Nikkei falls, hurt by Tokyo Electron after disappointing guidance

TOKYO, May 1 (Reuters) - Japan's Nikkei average slipped in
early trade on Wednesday, after posting its best April
performance in 20 years, hurt by  disappointing earnings
guidance from semiconductor equipment maker Tokyo Electron Ltd
.
    The Nikkei eased 0.5 percent to 13,792.29 after
rallying 11.8 percent last month, marking its best April
performance since 1993 and a ninth straight month of gains --
its long such winning streak since May 2005 to January 2006.
    The broader Topix index fell 0.6 percent to
1,158.45.
    Tokyo Electron was the top-weighted loser in the Nikkei,
down 4.5 percent.

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below