Sunday, 7 June 2015

Asian Market Update

Nikkei sags 0.4 percent
 Japan's Nikkei 225 index erased earlier gains to fall into negative territory, as a stronger yen offset the impact of upbeat growth data. The dollar-yen was last quoted at 125.39, with the yen gaining ground of around 0.2 percent against the greenback.
Export-oriented stocks were mostly lower due to the currency; blue-chip Toyota Motor and Nissan eased 1.3 percent each, while Sony and Panasonic lost 1.3 and 1.1 percent, respectively.

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