Nikkei shares average dip

Dhaka,  Sat,  29 July 2017
Published : 19 May 2017, 12:23:57
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Nikkei shares average dip

Nikkei shares average dip
Japan's Nikkei share average dipped on Friday with investors unsettled by White House turmoil, although Takata Corp shares rose after four carmakers settled claims over the company's airbag inflators.

The Nikkei was down 0.25 per cent at 19,507.52.

The index had scaled a 17-month high on Tuesday but it was on track to lose 1.8 per cent in tumultuous week in which uncertainty over US President Donald Trump's political prospects hit risk sentiment globally.

Takata Corp rose 20 per cent after four automakers including Toyota Motor Corp agreed to a $553 million settlement to address claims covering owners of nearly 16 million recalled vehicles with potentially defective Takata airbag inflators.

Biofuel developer Euglena Co rose as much as 10.7 per cent. Totenko Co and KK Seiyoken gained 4.9 per cent at 7.1 per cent, respectively.

The broader Topix slipped 0.15 per cent to 1,552.87 and the JPX-Nikkei Index 400 was down 0.1 per cent at 13,863.24, according to Reuters.
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