Global Newsbrokers Stockmarket Service
Tokyo close at 07:31:01
TOKYO STOCKS CLOSE LOWER
Thursday, January 13
The Nikkei closed at 11,358.22, down
95.17.
Japanese stocks headed lower today as
the yen's rise on the back of the weak
US trade data fuelled concerns about
the prospects for the Japanese export
sector.
Major exporters like Canon and Nissan
led the way down as the dollar slumped
about 1 per cent against the yen to a
5-week low after the US trade deficit
unexpectedly rose to a new record high
in November.
Expectations that further yen gains
will be seen amid pressure from the US
and euro-zone also dampened sentiment,
undermining other car and technology
stocks.
The losses also came despite Wall
Street's recovery last night and an 11
per cent surge in Apple following its
post-close results.
Main index