Nikkei drops for the first time in five days; market awaits Fed, ECB
Friday, 8 June 2018 10:23 WIB | MARKET UPDATE |Nikkei 225Saham Jepang

Japan's Nikkei share average snapped a four-day winning streak in choppy trade on Friday morning, with many investors on the sidelines as they await major economic events.

Large-cap stocks such as SoftBank and Fanuc underperformed.

The Nikkei .N225 dropped 0.2 percent to 22,785.23 in midmorning trade, just above an estimated settlement price of June Nikkei futures JNIc1 and options <0#JNI*.OS> contracts at 22,825.20.

Still, the Nikkei has gained 2.8 percent on a weekly basis, the biggest weekly gain in 11 weeks.

Source: Reuters

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