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Nikkei 225 Flat on Profit-Taking, Softer Yen

MT Newswires ·  06/09 17:50

05:50 AM EDT, 06/09/2022 (MT Newswires) -- The Nikkei 225 opened evenly, traded sideways and finished flat on Thursday as traders booked profits on recent gains but bought into export issues boosted by the softening yen. The yen traded down to more than 134 to the US dollar, a fresh 20-year low, compared with 115 to the greenback earlier in the year.

The benchmark Nikkei 225 rose a nominal 12.24 to 28,246.53, as gaining issues outnumbered losers 114 to 100.

Leading the upside were Casio Computer (CSIOY, 6952:Tokyo), up 4%, followed by oil-driller Inpex (IPEXY, 1605:Tokyo), up 3.3%, and then conglomerate Yamaha (YAMCY, 7951:Tokyo), up 3.2%.

On the downside were shipping line Kawasaki Kisen Kaisha (KAKKF, 9107:Tokyo), off 11%, and then Mitsui OSK (MSLOF, 9104:Tokyo), off 7.7%.

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