Japanese stocks edged down on Monday morning, pressured by a stronger yen, a widespread cyber attack, and North Korea's missile test over the weekend.
The Nikkei share average fell 0.2 percent to 19,853.71 points in midmorning trade.
Officials across the globe scrambled to catch the culprits behind a massive ransomware worm that disrupted operations at car factories, hospitals, shops, and schools.
Cyber security experts said the spread of the worm dubbed WannaCry - "ransom-ware" that locked up more than 200,000 computers in more than 150 countries - had slowed but that the respite might only be brief amid fears new versions of the worm will strike.
"We still don't know how much impact it has on Japanese companies. There is uncertainty looming, and when there is uncertainty, investors take profits," said Yoshihiro Okumura, general manager at Chibagin Asset Management.
Get us on http://www.ripplesadvisory.com click here, more and for Two days Free Trial drop your missed call on - 9644405056

No comments:
Post a Comment