Nikkei slips as sentiment hit by Ukraine worries; Olympus shines

Image
Reuters TOKYO
Last Updated : May 12 2014 | 12:06 PM IST

TOKYO (Reuters) - Japanese stocks slipped on Monday as worries about the Ukraine crisis curbed investors' appetite for risk, although companies that have issued upbeat earnings forecasts, such as Olympus Corp, attracted buying.

The benchmark Nikkei stock average ended 0.4 percent lower at 14,149.52.

The broader Topix shed 0.7 percent to 1,157.91, while the new JPX-Nikkei Index 400 slipped 0.6 percent to 10,543.38.

(Reporting by Ayai Tomisawa; Editing by Simon Cameron-Moore)

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: May 12 2014 | 11:51 AM IST

Next Story