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* Companies reporting earnings this week include token-related stocks
* The market does not want to see the strong yen before profit – badyst
* Suzuki Motor sinks after Maruti Suzuki shows disappointing results
By Ayai Tomisawa
TOKYO, Jan 28 (Reuters) – Japan's Nikkei tumbled on Monday because of the yen's strength, which weighed on market sentiment and weighed on the broader market, but losses were limited by investors' cautiousness ahead of market expectations. third quarter financial results released this week.
Wall Street was supported after the announcement of a US government reopening agreement following an extended closure, but the Japanese market ignored the news.
The average Nikkei share fell 0.3% to 20,708.22 points during the lunch break.
The broad Topix lost 1.5% to 1.561.05, with 28 of Topix's 33 sub-sectors in the red.
"Investors are worried about seeing the profits of leading manufacturers and weak trade reflects their reluctance to take aggressive positions," said Hiroyuki Fukunaga, chief executive of Investrust.
On the main table of the Tokyo Stock Exchange, four of last week's trading sessions saw a turnover of less than two trillion yen.
Still in the disproportionate atmosphere, the yen rose 0.2% to $ 109.34 against the dollar.
"The market does not want to see the strong yen especially when money-sensitive manufacturers publish their results," said Fukunaga, adding that the Nikkei is expected to suffer a loss of about $ 20,000 depending on the results.
Analysts say the market has been wary since Nidec Corp.'s precision engine builders. and automation equipment Yaskawa Electric Corp lowered their outlook for annual operating profits earlier this month, as the Sino-US trade dispute dampened Chinese manufacturers' appetite.
The companies that publish their results this week include silicon product manufacturer Shin-Etsu Chemical, chip equipment manufacturers Advantest Corp and Tokyo Electron.
Large cap stocks such as SoftBank Group Corp fell 1%, while TDK Corp plunged 2.8%. Nintendo Co lost 2.7%.
Suzuki Motor sold 2.7% after Maruti Suzuki India Ltd, majority owned by Suzuki, reported lower than expected earnings for the third quarter.
Falling problems outweighed the problems in progression 1 303 to 717. (Edited by Kim Coghill)
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