Forex Brokers

 

Nikkei pares gains on strong yen, automakers down

2008-12-03 02:10:46 GMT (Reuters)
0
votes
 

(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)

 
Content Provided by
Reuters
Reuters
Reuters is the largest international news agency -- providing professionals around the world with stories that move the markets.


  • Comments


Add a Comment
Title:
Your Opinion:

Forex
Indices
Commodities
Rates & Bonds
 
1.3620
+0.0012
+0.088%
1.5240
-0.0003
-0.016%
90.45
+0.07
+0.078%
0.9217
+0.0010
+0.109%
1.0173
+0.0033
+0.325%
80.47
-0.02
-0.02%
  • Central Banks Rates
FED0.00%-0.25%
ECB1.00%
BOE0.50%
SNB0.25%
RBA4.00%
BOC0.25%
RBNZ2.50%
BOJ0.10%
 
 

  • Webmaster Tools

  • Sponsored Links

  • Automatic Forex Trading, Never Miss A Trade
    Proven Strategies Execute Trades For You

  • No Commissions, Fast Execution
    100:1 Leverage, $200 Bonus, 24/7

  • Open an Islamic Account with AvaFX.
    Halal Trading, Pay No Interest.
 
 

Special Offers: