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Strategies & Market Trends : NEW Market Gems - Swing and Day Trades

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To: ED_L who wrote (866)6/10/2001 10:44:48 PM
From: Jenna   of 1227
 
TOKYO, June 11 (Reuters) - Tokyo stocks were little changed by midday on Monday, with falls in high-tech issues countered by strength in defensive issues and natural resources, which have less exposure to turbulent U.S. high-tech stocks.

The benchmark Nikkei stock average ended the morning 27.96 points or 0.21 percent weaker at 13,402.26 after hitting a low of 13,363.94 earlier.

A weaker revenue forecast from network equipment maker Juniper Networks (NasdaqNM:JNPR - news) fanned concerns over earnings at U.S. peers, putting a damper on Japan's top chip maker Toshiba Corp , which lost 2.48 percent to 668 yen.

Advantest Corp , the nation's number one maker of semiconductor testing devices, lost 3.87 percent to 12,420.

The broader, capital-weighted TOPIX index (^TOPX - news) was 0.82 points or 0.06 percent easier at 1,317.27.
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