Monday, November 5, 2012

Japan stocks start lower on tech-share weakness; Nikkei Average down 0.4%

LOS ANGELES (MarketWatch) -- Japanese stocks fell in early Monday trading, with blue-chip technology shares moving lower after some ratings-agency actions and an almost 1.3% drop Friday for the tech-heavy U.S. Nasdaq /quotes/zigman/123127 COMP -1.26% . The Nikkei Stock Average /quotes/zigman/5986735 JP:100000018 -0.42% traded down 0.5% at 9,005.22, with the Topix also 0.5% lower. Among the major tech names, Sharp Corp. /quotes/zigman/197304 JP:6753 -6.67% /quotes/zigman/197313/quotes/nls/shcaf SHCAF -1.97% took another dive, dropping 5.5% after Fitch cut its rating on Sharp's debt late last week, citing liquidity concerns. Sony Corp. /quotes/zigman/197500 JP:6758 -2.25% /quotes/zigman/197524/quotes/nls/sne SNE -4.15% lost 2.4% after its first-half earnings results prompted Moody's to warn of a possible downgrade. Among other majors, Panasonic Corp. /quotes/zigman/194943 JP:6752 -5.60% /quotes/zigman/525474/quotes/nls/pc PC -4.40% retreated 2% and Fujitsu Ltd. /quotes/zigman/193012 JP:6702 -3.74% /quotes/zigman/192990/quotes/nls/fjtsy FJTSY -1.91% lost 3.4%. Daiwa Securities Group Inc. /quotes/zigman/192664 JP:8601 -2.12% /quotes/zigman/192671/quotes/nls/dsecf DSECF +7.71% helped lead losses for the financials, dropping 3% despite the broker posting a swing to profit in the first fiscal half, as its European and Asia operations continued to lose money. On the upside, Toyota Motor Corp. /quotes/zigman/199438 JP:7203 +2.23% /quotes/zigman/199376/quotes/nls/tm TM -0.32% rose 1.3% ahead of its earnings report due later in the day, as broadcaster NHK said the auto maker would hike its full-year operating profit forecast.

Read the full story:
Asia markets slip, with eyes on U.S. election

/quotes/zigman/123127

US : U.S.: Nasdaq

Volume: 0.00

Nov. 2, 2012 4:17p

/quotes/zigman/5986735

JP : Nikkei Idx

Volume: 0.00

Nov. 5, 2012 2:59p

/quotes/zigman/197304

JP : Japan: Tokyo

Volume: 41.00M

Nov. 5, 2012 2:59p

Market Cap

?183.27 billion

Rev. per Employee

?39.56M

/quotes/zigman/197313/quotes/nls/shcaf

US : U.S.: OTCBB

Volume: 1,000

Nov. 1, 2012 8:35a

Rev. per Employee

$502,476

/quotes/zigman/197500

JP : Japan: Tokyo

Volume: 7.22M

Nov. 5, 2012 2:59p

Market Cap

?938.33 billion

Rev. per Employee

?40.22M

/quotes/zigman/197524/quotes/nls/sne

US : U.S.: NYSE

Volume: 2.73M

Nov. 2, 2012 3:01p

Rev. per Employee

$510,677

/quotes/zigman/194943

JP : Japan: Tokyo

Volume: 89.26M

Nov. 5, 2012 2:59p

Market Cap

?1008.20 billion

Rev. per Employee

?23.37M

/quotes/zigman/525474/quotes/nls/pc

US : U.S.: NYSE

Volume: 1.10M

Nov. 2, 2012 3:03p

Rev. per Employee

$298,452

/quotes/zigman/193012

JP : Japan: Tokyo

Volume: 13.93M

Nov. 5, 2012 2:59p

Market Cap

?608.59 billion

Rev. per Employee

?25.68M

/quotes/zigman/192990/quotes/nls/fjtsy

US : U.S.: OTCBB

Volume: 1,519

Nov. 2, 2012 2:54p

/quotes/zigman/192664

JP : Japan: Tokyo

Volume: 8.00M

Nov. 5, 2012 2:59p

Market Cap

?577.30 billion

Rev. per Employee

?30.05M

/quotes/zigman/192671/quotes/nls/dsecf

US : U.S.: OTCBB

Volume: 18,000

Oct. 18, 2012 10:35a

/quotes/zigman/199438

JP : Japan: Tokyo

? 3,210.00

+70.00 +2.23%

Volume: 8.32M

Nov. 5, 2012 2:59p

Market Cap

?10826.70 billion

Rev. per Employee

?63.34M

/quotes/zigman/199376/quotes/nls/tm

US : U.S.: NYSE

Volume: 157,149

Nov. 2, 2012 3:04p

Market Cap

$134.44 billion

Rev. per Employee

$807,180

Source: http://feeds.marketwatch.com/~r/marketwatch/bulletins/~3/R4kh_gNtvAw/bulletinredir.asp

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