Monday, 28 May 2018 10:18 WIB |
MARKET UPDATE |Nikkei 225Saham JepangIndeksTopix
Japanese shares gave up initial gains on Monday as a further slide in oil prices pulled down energy-related stocks, offsetting renewed hopes of a U.S.-North Korea summit next month.
The benchmark Nikkei share average was nearly flat at 22,445.27 points by the mid-morning break, erasing gains of 0.4 percent earlier in the session.
The broader Topix slipped 0.2 percent to 1,768.21, with the JPX-Nikkei Index 400 edged down 0.1 percent to 15,641.00.
As oil prices extended their sharp declines on Monday, oil refinery and exploration companies were hit hard, with Inpex , Japex and JXTG all shedding between 3.6 and 4.2 percent each.
Source : Reuters