• search

Nikkei ends down, steel stocks drop

Written by: Staff

TOKYO, March 2 (Reuters) The Nikkei share average ended down 0.34 per cent on Thursday as investors sold shares in steel firms such as JFE Holdings Inc, which revised down its full-year forecast.

Falls in small-cap stocks, which often indicate retail investors' appetite for stocks, also set a bearish tone in the overall market.

Analysts said investors appeared to be holding back ahead of consumer price index data due on Friday as the Bank of Japan has said a steady rise in consumer prices, which gained for a second month in December, would be a precursor for a policy shift.

The Nikkei slipped 54.70 points to 15,909.76. The broader TOPIX index was down 0.21 percent at 1,632.24.


For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more