Nikkei hits over 4-1/2-month low as global slowdown worries loom large [Reuters]
UBS Group AG Registered Ordinary Shares (UBS)
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Source: Reuters
Nikkei hits over 4-1/2-month low as global slowdown worries loom large - Reuters 3 Min Read * Nikkei falls to lowest since mid-Jan, Topix at lowest since Dec * Exporters, mining stocks weak * Cocokara Fine soars on merger talks with Sugi By Ayai Tomisawa TOKYO, June 3 (Reuters) - Japan’s benchmark stock index tumbled to a more than 4-1/2-month low on Monday morning, as risk sentiment was hurt due to worries that a prolonged U.S.-China trade war and Washington’s tariff threat to Mexico could derail the global economy. The Nikkei share average fell as much as 1.4% to 20,305.74 in early trade, the lowest since Jan. 15, before it trimmed the losses and was down 1.2% at 20,361.76 at the midday break. The strengthening of yen also hurt the mood, battering exporters. The dollar was flat at 108.23 yen, recovering from 108.17, its lowest since Jan. 15. Shares of Fanuc Corp tumbled 2.7%, Yaskawa Electric declined 1.6%, Tokyo Electron shed 2.1% and Komatsu Ltd fell 2%. A senior Chinese official
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UBS
Sec Filings
- 4/16/24 - Form 6-K
- 4/2/24 - Form IRANNOTICE
- 3/28/24 - Form 6-K
- UBS's page on the SEC website