AIRLINK 74.30 Increased By ▲ 0.05 (0.07%)
BOP 5.03 Decreased By ▼ -0.02 (-0.4%)
CNERGY 4.54 Increased By ▲ 0.12 (2.71%)
DFML 37.21 Increased By ▲ 1.37 (3.82%)
DGKC 91.40 Increased By ▲ 3.40 (3.86%)
FCCL 22.55 Increased By ▲ 0.35 (1.58%)
FFBL 32.78 Increased By ▲ 0.06 (0.18%)
FFL 9.75 Decreased By ▼ -0.04 (-0.41%)
GGL 10.99 Increased By ▲ 0.19 (1.76%)
HBL 115.61 Decreased By ▼ -0.29 (-0.25%)
HUBC 136.50 Increased By ▲ 0.66 (0.49%)
HUMNL 10.17 Increased By ▲ 0.33 (3.35%)
KEL 4.61 No Change ▼ 0.00 (0%)
KOSM 4.98 Increased By ▲ 0.32 (6.87%)
MLCF 40.30 Increased By ▲ 0.42 (1.05%)
OGDC 138.05 Increased By ▲ 0.15 (0.11%)
PAEL 27.35 Increased By ▲ 0.92 (3.48%)
PIAA 24.74 Decreased By ▼ -1.54 (-5.86%)
PIBTL 6.74 Decreased By ▼ -0.02 (-0.3%)
PPL 123.50 Increased By ▲ 0.60 (0.49%)
PRL 27.21 Increased By ▲ 0.52 (1.95%)
PTC 13.97 Decreased By ▼ -0.03 (-0.21%)
SEARL 59.52 Increased By ▲ 0.82 (1.4%)
SNGP 70.00 Decreased By ▼ -0.40 (-0.57%)
SSGC 10.44 Increased By ▲ 0.08 (0.77%)
TELE 8.66 Increased By ▲ 0.10 (1.17%)
TPLP 11.24 Decreased By ▼ -0.14 (-1.23%)
TRG 64.60 Increased By ▲ 0.37 (0.58%)
UNITY 26.60 Increased By ▲ 0.55 (2.11%)
WTL 1.40 Increased By ▲ 0.02 (1.45%)
BR100 7,864 Increased By 25.8 (0.33%)
BR30 25,594 Increased By 134 (0.53%)
KSE100 75,312 Increased By 381 (0.51%)
KSE30 24,200 Increased By 53.9 (0.22%)

asia-2TOKYO: Japanese shares were flat in mid-morning trade on Tuesday after US stocks eased on an unexpected fall in retail sales in June.

The Nikkei index at the Tokyo Stock Exchange edged down 0.03 percent, or 2.19 points, to 8,721.93.

Japanese markets had been closed for a national holiday on Monday.

Tachibana Securities market analyst Kenichi Hirano said investors were likely to be cautious before a raft of US economic indicators including June industrial output as well as Fed Chairman Ben Bernanke's two-day testimony in Congress starting later Tuesday.

He told Dow Jones Newswires that any gains may be limited amid global growth worries after the International Monetary Fund Monday trimmed its 2012 global growth forecast to 3.5 percent from its 3.6 percent forecast three months ago.

US stocks closed lower Monday after an unexpected fall in retail sales in June, with the Dow Jones Industrial Average losing 0.39 percent, on concerns about the strength of consumer spending, a key driver of the economy.

US retail sales fell by 0.5 percent last month, the Commerce Department reported. Most analysts had forecast a rise of 0.2 percent.

Copyright AFP (Agence France-Presse), 2012

Comments

Comments are closed.