Radiocor News

Japanese shares close sharply lower, resume selloff

Tokyo Nikkei 225 down 1.11% at 39,154 points (Il Sole 24 Ore Radiocor) - Tokyo , 24 Jul - Japanese shares closed sharply lower, resuming a recent selloff amid weak Asian markets after yesterday's flat session.

The Nikkei index closed down 1.11% at 39,154 points.

In Tokyo stock market dealings technology shares weighed, extending last week's losses as yesterday's rebound lost steam.

PMI data showed a contraction in manufacturing activity in July, while the services sector rebounded sharply into expansion.

In July, Japan's purchasing managers' index (PMI) for the manufacturing sector fell to 49.2 from 50.0 in June, according to preliminary data released by S&P Global and its partner au Jibun Bank. The manufacturing output index slipped to 49.7 from 50.4 and the PMI for the services industry grew to 53.9 from 49.4. The composite output index, a weighted average of services PMI and manufacturing output, rose to 52.6 from 49.7.

AAA-Ver

(RADIOCOR) 24-07-24 08:37:44 (0189) 5 NNNN

 


The Exchange accepts no responsability for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.

By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.


You will be redirected in five seconds.