Sumco Corp led the decliners in the Nikkei 225 Stock Average with a loss of 3.4% followed by losses in The Chiba Bank, Ltd of 3.4%, in Unitika Ltd of 2.7%, in Kawasaki Kisen Kaisha, Ltd 2.5% and in Fukuoka Financial Group, Inc 2.3%.
Nippon Light Metal Company, Ltd led gainers in the Nikkei 225 Stock Average with a rise of 10.0% followed by gains in Okuma Corp 6.1%, in Nitto Boseki Co of 4.8% and in Fuji Electric Holdings Co., Ltd 4.2%.
Other Movers
ANDO Corporation increased 7.3% to 131.00 yen after the construction and real estate businesses interest-bearing debt may fall 15% to just under 40 billion yen ($444 million) as of the end of this month, the lowest level in 19 years, the Nikkei newspaper reported.
Casio Computer Co the electronics maker rose 3.7% to 724.00 yen.
CFS Corporation closed unchanged at 441.00 yen after the retailer Aeon Co., Ltd., an operator of general merchandise stores, is planning to acquire an additional 18% stake in the company.
CSK Holdings Corporation the information technology services provider rose 2.2% to 408 yen.
Fujibo Holdings, Inc the fiber maker increased 5.3% to 157 yen.
Megane Top Co decreased 3.4% to 614.00 yen after the eyeglass retailer was downgraded to “neutral” from “buy” at Daiwa Securities Group Inc.
Nippon Light Metal Company, Ltd increased 9.1% to 119.00 yen after the aluminum producer was upgraded to “buy” from “neutral” at UBS AG.
Tamura Corp gained 7.6% to 295.00 yen after the electronic components maker was upgraded to “strong outperform” from “outperform” at Mitsubishi UFJ Financial Group Inc. |