8 December 2003, 09:20  Japanese stocks end down over 3%, hit by end

TOKYO, Dec 8 - Japan's Nikkei average skidded on Monday, closing down over three percent as techs and other exporters were battered after surprisingly soft U.S. jobs growth data helped send the dollar to a three-year low on the yen. Tech issues, already under pressure after a disappointing outlook from Intel Corp last week, led the decline, with electronics conglomerates like NEC Corp <6701.T> and Fujitsu Ltd <6702.T> falling around seven percent.
The Nikkei <.N225> ended down 3.16 percent or 328.12 points at 10,045.34. The broader TOPIX index <.TOPX> fell 2.37 percent to 995.28.//

© 1999-2024 Forex EuroClub
All rights reserved