Nikkei down 1 pct as Sony, exporters fall on yen | business | Hindustan Times
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Nikkei down 1 pct as Sony, exporters fall on yen

business Updated: May 25, 2007 11:23 IST

The Nikkei share average fell 0.95 per cent on Friday as exporters such as Sony Corp fell after the yen jumped against the dollar and euro after data showed Japan's core consumer prices fell at a slower pace in April as expected.

Japanese core consumer prices fell 0.1 per cent in April from a year earlier, government data showed before the open, matching economists' consensus forecast.

The Nikkei was down 167.70 points at 17,529.27 as of 0001 GMT. The broader TOPIX index lost 0.95 percent to 1,721.62.