The Nikkei Average is now up 0.7%, mirroring the dollar’s gains against the yen (currently buying ¥102.42).
: Panasonic is up 2.1%, Hitachi Ltd. is up 2.6%, Honda is 1.8% higher ahead of its earnings. NTT DoCoMo is up 0.8%, slightly outperforming the benchmark, as the Nikkei newspaper reports that the Japanese wireless major plans to leave the Indian market due to “a long struggle with red ink,” selling off its 26% holding of India’s Tata Teleservices.
DoCoMo is set to report its financial results later today. And for whatever it’s worth, parent firm NTT is up 1.3%.
: Panasonic is up 2.1%, Hitachi Ltd. is up 2.6%, Honda is 1.8% higher ahead of its earnings. NTT DoCoMo is up 0.8%, slightly outperforming the benchmark, as the Nikkei newspaper reports that the Japanese wireless major plans to leave the Indian market due to “a long struggle with red ink,” selling off its 26% holding of India’s Tata Teleservices.
DoCoMo is set to report its financial results later today. And for whatever it’s worth, parent firm NTT is up 1.3%.