Nikkei dented by weaker tech shares; Shikoku Electric stumbles

Tokai Carbon

13/12/2017 06:37

TOKYO, Dec 13 (Reuters) - Japan's Nikkei share average ended 
lower on Wednesday after tech stocks lost ground as they tracked 
their weaker U.S. counterparts, while Shikoku Electric slumped 
after a court ruled against the restart of one of its nuclear 
reactors. 
    The Nikkei 225 Index  .N225  fell 0.5 percent to 22,758.07 
while the broader Topix  .TOPX  shed 0.2 percent to 1,810.84. 
    Suppliers of Apple  AAPL.O  such as Murata Manufacturing 
 6981.T  slipped 0.9 percent and Taiyo Yuden  6976.T  dropped 
2.7 percent after the U.S. tech giant's shares declined 0.6 
percent overnight. 
    Chip equipment makers also stumbled, with Tokyo Electron 
 8035.T  falling 2.8 percent and Advantest Corp  6857.T  
declining 1.4 percent, while silicon wafer maker Sumco Corp 
 3436.T  tumbled 5.2 percent. 
    Shikoku Electric Power Co  9507.T  nosedived 8.3 percent 
after a Japanese court on Wednesday ordered it not to restart 
one of its reactors, overturning a lower court decision and 
throwing into turmoil Japan's protracted return to nuclear power 
after the Fukushima crisis.  urn:newsml:reuters.com:*:nL3N1OD21P 
    Gainers included financial stocks, with Mitsubishi UFJ 
Financial Group  8306.T  surging 2.1 percent and Daiwa 
Securities  8601.T  advancing 2.0 percent. 
    Declining issues outnumbered advancing ones 1,167 to 790 on 
the Tokyo Stock Exchange first section. 
 
 (Reporting by Ayai Tomisawa; Editing by Shri Navaratnam) 
 ((ayai.tomisawa@thomsonreuters.com; 81-3-6441-1875; Reuters 
Messaging: ayai.tomisawa.thomsonreuters.com@reuters.net)) 
 
Keywords: JAPAN STOCKS/CLOSE