| TOKYO (MarketWatch) -- Japanese shares fell Friday morning after overnight losses on Wall Street, with shares of exporters among the loss leaders as the yen strengthened. Japan's Nikkei 225 Average was down 0.9% at 9,468.37, and the Topix was down 0.4 at 834.53 in Tokyo. Shares of Sony Corp. (JP:6758 2,470, -55.00, -2.18%) (SNE 26.97, -0.04, -0.15%) fell by 3%, Nikon Corp. (JP:7731 1,638, -21.00, -1.27%) [s:ninof] lost 2.8%, and Nissan Motor Co. (JP:7201 639.00, -4.00, -0.62%) (NSANF 7.35, -7.35, -50.00%) was down 2.5%. A stronger local currency dragged on the sector, with one U.S. dollar buying 88.94 yen, down from 89.05 late Thursday in New York. South Korea's Kospi also fell by 0.2%, and Australia's S&P/ASX 200 lost 1.5%. |
