Nikkei trades 0.38 percent lower
Japan's Nikkei 225 traded 74 points, or 0.38 percent lower at 19,807 despite
official data released this morning showing an uptick in industrial production
and retail sales for October.
Japanese blue chip companies opened
mixed, with most of them trading flat or in the red. Shares of Sony, Canon, and
Mitsubishi Electric were down while Toyota was flat.
Toshiba shares were up 3.31 percent as the struggling company said last
week it would consider selling stake in its semiconductor business to raise
funds as it recovers from its accounting scandal earlier this year.
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