Nikkei flat as weak machinery orders data dims mood

miércoles 7 de octubre de 2015 22:06 GYT

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By Ayai Tomisawa

TOKYO, Oct 8 (Reuters) - Japanese stocks were flat in a choppy morning session on Thursday, stalling after six straight days of gains, as weak machinery orders data stoked uncertainty about the economic outlook.

After opening weaker, the Nikkei moved in and out of the black and was flat at 18,319.71 in mid-morning trade.

Japan's core machinery orders unexpectedly fell 5.7 percent in August from the previous month, which could cast doubt on the strength of capital expenditure.

"The bleak machinery data is weighing on sentiment, but at the same time, the market expects economic stimulus measures from the government," said Yutaka Miura, a senior technical analyst at Mizuho Securities.

Investors were also cautiously watching how Chinese stocks perform after trading resumed there following a week-long break.   Continuación...