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Name | Symbol | Market | Type |
---|---|---|---|
Sony Group Corporation | NYSE:SONY | NYSE | Depository Receipt |
Price Change | % Change | Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
-0.04 | -0.05% | 83.44 | 84.39 | 83.40 | 83.90 | 408,670 | 17:00:09 |
By Laura He, MarketWatch
Hong Kong stocks pull back as telecoms weaker
HONG KONG (MarketWatch) -- Tracking substantial losses in the U.S. overnight, Japan stocks on Wednesday logged a five-day losing streak, leading a downward regional trend.
The Nikkei Average Index ended down 1.1%, while the yen (USDJPY) strengthened against the greenback, trading at Yen102.516 from Yen102.608 in the prior session. The broader Topix index finished 1% lower.
Internet and telecoms conglomerate SoftBank Corp. tumbled 3.5%, after its Sprint unit (S) dropped a pursuit of T-Mobile U.S. (TMUS) , according to various media reports.
Other market movers included Sony Corp. , down 2%, IT services provider Fujitsu , off 1.9%, electronics giant Sharp Corp., off 1.6%, and semiconductor company Renesas Electronics Corp. , which lost 1.4%.
In other Asian markets, Hong Kong's Hang Seng Index pulled back 0.3%. Telecoms operator China Unicom (Hong Kong) slid 5.3% ahead of its first-half earnings due later this week. Rivals China Telecom Corp. and China Mobile lost 2.1% and 1.3% respectively.
Elsewhere, both Sydney's S&P/ASX 200 and the Shanghai Composite Index inched down 0.1%. Seoul's Kospi Composite Index gave up 0.3%, while Taiwan's Taiex closed flat.
More must-reads from MarketWatch:
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Almost all Chinese cities fail on air quality
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