Fri Apr 4, 2008 2:37am EDT,YAHOO
TOKYO (Reuters) - Japan's Nikkei stock average slid 0.72 percent on Friday as investors moved to take profits after three days of rises, with automakers such as Honda Motor Corp hit by brokerage downgrades.
Nippon Steel Corp and other top steelmakers slipped in the face of rising costs, while wariness over U.S. jobs data due out later in the day kept many investors sidelined ahead of the weekend.
The benchmark Nikkei shed 96.68 points to 13,293.22, while the broader TOPIX fell 0.8 percent to 1,288.94.
(Reporting by Elaine Lies)
No comments:
Post a Comment