Arab Today, arab today asian shares broadly lower tokyo eyes weekend poll
Last Updated : GMT 17:54:39
Arab Today, arab today
Arab Today, arab today

Asian shares broadly lower, Tokyo eyes weekend poll

Arab Today, arab today

Arab Today, arab today Asian shares broadly lower, Tokyo eyes weekend poll

Hong Kong - AFP

Asian shares mostly fell on Friday, with profit-takers moving in at the end of a positive week, while dealers in Japan keep an eye on weekend parliamentary elections. The losses came despite another record-breaking close for the Dow and S&P 500 on Wall Street, while the dollar gave up the advances made against the yen in US trade. Tokyo\'s benchmark Nikkei 225 index closed down 218.59 points at 14,589.91, while the Topix index of all first-section shares fell 0.82 percent, or 10.03 points, to 1,211.98. \"Foreign investors are the most common buyers of futures and had been picking them up over the last 10 days or so in anticipation of the Sunday upper house diet elections,\" Tachibana Securities market advisor Kenichi Hirano told Dow Jones Newswires. \"It\'s very possible that with an overheated and thin-volume market, they are testing to see how far the Nikkei could fall.\" The national polls will elect half of Japan\'s 242-member upper chamber of parliament, which Prime Minister Shinzo Abe\'s ruling party is expected to win. A solid showing would give Abe the legislative muscle to press with an economy-boosting plan that could include some unpopular reforms.Analysts said the index was due for a slight correction as it has risen almost 20 percent since the middle of last month, thanks to easing concerns about the Fed\'s stimulus while the yen resumes its downward trend against the dollar. The stronger yen hit exporters. Toyota slipped 0.15 percent to 6,470 yen while Sony lost 0.27 percent to 2,188 yen. Panasonic edged down 0.11 percent to 879 yen after US authorities said the Japanese giant and its subsidiary Sanyo have each pleaded guilty to price-fixing, agreeing to pay $56.5 million in fines. Japan Airlines shares fell 0.93 percent to 5,320 yen after one of its Dreamliner airplanes aborted a flight from Boston to Tokyo Thursday. The Sydney market lost 0.43 percent, or 21.3 points, to end at 4,972.1 and Seoul slipped 0.22 percent, or 4.07 points, to 1,871.41. Hong Kong was flat, nudging 17.20 points up to 21,362.42 while Shanghai tumbled 1.52 percent, or 30.75 points, to 1,992.65. On forex markets, the dollar bought 100.26 yen in afternoon trade, compared with 100.50 yen late in New York. The euro bought $1.3129, compared with $1.3112 yen while sitting at 131.68 yen from 131.77 yen. Oil prices were slightly higher. New York\'s main contract, West Texas Intermediate for delivery in August, fell nine cents to $107.95 a barrel, while Brent North Sea crude for September lost 11 cents to $108.59. Gold cost $1,289.00 per ounce at 0810 GMT, compared with $1,281.20 late Thursday. In other markets: -- Taipei fell 1.62 percent, or 132.85 points, to 8,062.03. Smartphone maker HTC fell by its daily limit of 7.0 percent to Tw$168.5 while Hon Hai dipped 0.77 percent to Tw$77.4. -- Manila closed 0.41 percent lower, giving up 27.33 points to 6,621.02. Manila Electric Co. plunged 8.20 percent to 277.60 pesos after San Miguel, one of the country\'s most valuable companies, announced it had completed the sale of part of its minority stake in the electricity supplier. Banco de Oro ended 1.86 percent down at 84.65 pesos, while San Miguel dropped 0.34 percent to 87.50 pesos. -- Wellington eased 0.55 percent, or 25.08 points, to 4,538.31. Contact Energy was off 1.11 percent at NZ$5.36 and Chorus shed 1.85 percent to NZ$2.65, while Air New Zealand was up 0.34 percent at NZ$1.47.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asian shares broadly lower tokyo eyes weekend poll Arab Today, arab today asian shares broadly lower tokyo eyes weekend poll

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today asian shares broadly lower tokyo eyes weekend poll Arab Today, arab today asian shares broadly lower tokyo eyes weekend poll

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today What's the reason and what you can do

GMT 05:44 2017 Sunday ,22 October

What's the reason and what you can do
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Tillerson returns to Saudi Arabia

GMT 17:43 2017 Sunday ,22 October

Tillerson returns to Saudi Arabia
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU raids automaker BMW

GMT 11:06 2017 Saturday ,21 October

EU raids automaker BMW
Arab Today, arab today Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
Arab Today, arab today Actress Mona Zaki praises husband’s role

GMT 08:15 2017 Thursday ,19 October

Actress Mona Zaki praises husband’s role
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 10:18 2017 Saturday ,21 October

How to do open-heart surgery

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday