Mixed trend at Japanese bourses

Mixed trend at Japanese bourses
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First Published: Tue, Aug 07 2007. 12 59 PM IST
Updated: Tue, Aug 07 2007. 12 59 PM IST
Reuters
Tokyo: The Nikkei average ended flat on Tuesday, 7 August, as computer software firm Trend Micro Inc. surged on a better forecast, but a drop in crude oil prices hit trading house Mitsubishi Corp. and other energy-related stocks.
Trade was mixed as investors focused on individual stocks with solid profit outlooks or positive news flow. Toshiba Corp. extended gains for a third day on rising NAND flash memory prices, while its rival Fujitsu fell on its plan to issue convertible bonds.
The Nikkei inched up 0.04% or 7.31 points at 16,921.77. The broader TOPIX shed 0.47% to 1,660.16.
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First Published: Tue, Aug 07 2007. 12 59 PM IST
More Topics: Japan | Stocks | Nikkei | TOPIX | Trend Micro |