Nikkei turns down ahead of US jobs data, Nintendo jumps

jueves 7 de julio de 2016 22:59 GYT
 

* Nikkei slips 0.4 pct, on track to drop 3 pct this week

* Caution ahead of U.S. jobs data weigh on Nikkei

* Nintendo jumps on upbeat expectations for Pokemon GO mobile game

By Shinichi Saoshiro

TOKYO, July 8 (Reuters) - Japanese stocks turned lower on Friday as investors, grappling with the Brexit uncertainty, nervously awaited the closely-watched U.S. non-farm payrolls report due later in the day.

The Nikkei handed back earlier modest gains and was down 0.4 percent at 15,217.24. The index was on track to fall about 3 percent on the week.

Gaming group Nintendo Co was the highlight of morning trade, jumping 9 percent on expectations that its recently launched Pokemon GO mobile game would attract significant demand in the rapidly growing mobile gaming segment.

Elsewhere, the mood was cautious.

"The market is not in a mood to chase bids higher. It is still unclear how the situation for (Italian bank) Monte Paschi plays out, and moreover, there is the U.S. jobs data to digest," said Soichiro Monji, chief strategist at Daiwa SB Investments.   Continuación...