Japan's Akebono Brake tumbles; co says no FY dividend

Akebono Brake Industry Co

22/03/2018 02:33

** Automotive and industrial brake maker Akebono Brake
Industry  7238.T  tumbles 4.9 pct to 269 yen, lowest since Feb.
28 
    ** Co says it will pay no end-of-year dividends for FY
ending March 2018  urn:newsml:reuters.com:*:nXB19IAGQZ
    ** As of the previous close, the stock had fallen 8.12
percent so far this year. 
    ** Akebono Brake Industry Co Ltd has underperformed the
Tokyo SE TOPIX Transportation Equipment Stock Price Index sector
 .ITEQP.T  by 6.4 percentage points in the past one month
    ** The main stock index NIKKEI 225 INDEX  .N225  has fallen
3.11 percent in the past month

 

 ((Reuters
Messaging:ayai.tomisawa.thomsonreuters.com@reuters.net)
)