6 June 2005, 11:57  Tokyo stocks end lower on weak US jobs data

Share prices closed widely lower due to the release late Friday of worse-than-expected US jobs data and a further jump in global oil prices, brokers said. "The softer-than-expected US non-farm payroll data and surge in oil prices cast a shadow over the outlook for US economic growth, sending share prices here lower," said Toshihiko Matsuno, senior strategist at SMBC Friend Securities. Matsuno added that many investors were also reluctant to trade ahead of Intel's updated forecast on Thursday for its April-June quarter results and US Federal Reserve chairman Alan Greenspan's appearance before Congress the same day. The Nikkei 225 Stock Average closed at 11,270.62, down 0.3 pct or 29.43 points, after being down as much as 115 points at one time. The TOPIX index of all First Section issues finished down 2.35 points or 0.2 pct at 1,145.37.

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