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FEB 21, 2013 - MarketWatch

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Japan stocks follow U.S. lower, but Tosoh rallies

LOS ANGELES (MarketWatch) -- Fresh losses on Wall Street and an overnight gain for the yen helped send Japanese stocks lower in early Friday trading. The Nikkei Stock Average traded 0.3% lower at 11,276.13, though off its opening lows, while the Topix dropped 0.6%. The dollar weakened against the yen Thursday in North America, dipping below the 93 level several times, to help weigh on exporters. Sharp Corp. lost 1.9%, Fujitsu Ltd. fell 2.3%, Alps Electric Co. dropped 3.5%, and Toyota Motor Corp. gave up 1.4%. Bank shares also gave ground, after losses for U.S. financial stocks, as ... Read More

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