PakMonitor - News Around The Globe : tokyo stock exchange

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TOKYO: Tokyo stocks fell 0.13 percent Friday morning as investors locked in profits after four days of gains. 
The
 Nikkei 225 index slipped 20.66 points to 15,293.91 by the break, while 
the Topix index of all first-section issues was down 0.13 percent, or 
1.67 points, at 1,268.83. 
Trading was muted with many investors away for Japan's traditional mid-summer holiday. 
"With
 volume so light and incentives so few, the selling we're seeing today 
is nothing more than rudimentary after a stretch of strong gains," said 
Mitsushige Akino, chief fund manager at Ichiyoshi Investment Management.
 
"It's entirely possible, however, that even following the 
resumption of 'normal' trading next week, overall market movements will 
remain somewhat subdued," he told Dow Jones Newswires. 
In share 
trading, Skymark rose 1.19 percent to 169.0 yen after the airline said 
it was terminating some domestic services and raising fares as it faces 
potentially huge penalties in the wake of a cancelled jet order with 
European plan manufacturer Airbus. 
Sony climbed 1.88 percent to 
1,869.5 yen after the Nikkei business daily reported the firm plans to 
sell image sensors for cameras used in vehicles. 
The consumer 
electronics and entertainment giant is looking to tap new growth markets
 on the back of a move toward driverless cars and other "smart" vehicles
 that depend on image sensor technology, the newspaper said. 
In currency markets, the dollar fetched 102.48 yen in midday Tokyo trade, compared with 102.45 yen in New York. 
On
 Wall Street, the Dow Jones Industrial Average added 0.37 percent, 
extending the prior day's gains after jobs data continued to suggest the
 US labour market was improving.

Tokyo stocks down 0.13pc by break

TOKYO: Tokyo stocks fell 0.13 percent Friday morning as investors locked in profits after four days of gains. The Nikkei 225 index slip...