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Feb 13, 2012 01:04AM GMT
New York London Tokyo
Nikkei pares gains on strong yen, automakers down
By Reuters | Financial News | Dec 03, 2008 02:10AM GMT
Reuters
(Updates to midday)
TOKYO, Dec 3 (Reuters) - Japan's Nikkei average rose 1 percent on Wednesday after tumbling to a nearly two-week low the day before, with a strong yen weighing on exporters such as Sony Corp that had initially been boosted by bargain hunting. Automakers suffered, with Honda Motor Co down 5.5 percent in the face of a sharp drop in U.S. sales and a report by the Nikkei business daily that it is scaling back its overseas expansion plans.
The benchmark Nikkei gained 77.29 points to 7,940.98, having earlier edged above 8,000 after tumbling 6.4 percent on Tuesday. The broader Topix rose 0.8 percent to 793.00. (Reporting by Elaine Lies)
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| SPX 500 Futures | 1343.45 | +2.95 | +0.22% | |||
| NQ 100 Futures | 2554.60 | +6.10 | +0.24% | |||
| US 30 | 12801.23 | -89.23 | -0.69% | |||
| DAX | 6692.96 | -95.84 | -1.41% | |||
| UK 100 | 5852.39 | -43.08 | -0.73% | |||
| Japan 225 | 8970.50 | +23.33 | +0.26% | |||
| US Dollar Index | 79.04 | -0.07 | -0.09% |
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| Gold | 1726.35 | +1.05 | +0.06% | |||
| Silver | 33.698 | +0.094 | +0.28% | |||
| Copper | 3.882 | +0.020 | +0.52% | |||
| Crude Oil | 99.58 | +0.56 | +0.56% | |||
| Natural Gas | 2.433 | -0.043 | -1.74% | |||
| US Cotton No.2 | 91.03 | +0.65 | +0.72% | |||
| US Coffee C | 218.60 | +0.00 | +0.00% |
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| Euro Bund | 138.66 | +1.41 | +1.03% | |||
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