Japan's Okada Aiyon falls to near 7-mth low on share offering

Okada Aiyon

05/03/2018 04:32

** Shares of construction machinery attachment maker Okada
Aiyon Corp  6294.T  fall 15 pct to 1,390 yen, lowest since Aug.
10
    ** Company says it will issue 1 mln new shares  urn:newsml:reuters.com:*:nTSOB756bc
    ** As of the previous close, the stock had fallen 27.69 pct
this year
    ** Stock underperformed the Tokyo SE TOPIX Machinery Stock
Price Index sector  .IMCHN.T  by 12.3 percentage points in the
past one month
    ** The main stock index Nikkei 225  .N225  fell 4.02 pct in
the past month
    ** As of 0426 GMT, about 354,900 shares have been traded,
compared with their 30-day moving average of 59,310 shares a day

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