• $
  • €
  • ₽
  • ₺
  • £

Mitsubishi Motors shares keep falling after fuel scandal

Mitsubishi Motors shares keep falling after fuel scandal
25.04.2016 15:30
Shares in car maker Mitsubishi Motors continued to fall on Monday after the car maker admitted rigging fuel efficiency tests.

After dramatic two-digit tumbles in the past week, shares fell by another 2.6%.

The Japanese company is expected to announce annual results on Wednesday with media reports suggesting it may skip its earnings forecast originally scheduled for the same day.

Tokyo's benchmark Nikkei 225 fell 0.4% to 17,505.88 points.

Traders were cautious ahead of an important Bank of Japan meeting where the lender might decide on more monetary easing.

The country's central bank will on Thursday decide on its interest rate which currently is negative as an attempt to spur growth.
Hong Kong's Hang Seng fell slightly by 0.6% to 21,333.53 while the mainland's Shanghai Composite fell by 1% to 2,927.96.
In Korea, the Kospi index was also flat at 2,015.50 points.

Markets in Australia and New Zealand remained closed due to the Anzac Day holiday.

(BBC)

www.ann.az
Similar news
Similar news
Azerbaijan reports growth in rail and road freight transport
Business 18:05
Azerbaijan reports growth in rail and road freight transport
AI-92 Gasoline: Export Dynamics and Sharp Import Drop
Business 17:30
AI-92 Gasoline: Export Dynamics and Sharp Import Drop
Mirzoyan signals Armenia-Turkey border could reopen at any moment
Business 17:00
Mirzoyan signals Armenia-Turkey border could reopen at any moment
Belarus expands industrial cooperation with Azerbaijan
Business 15:30
Belarus expands industrial cooperation with Azerbaijan
Azerbaijan drafts securitization bill to unlock bank liquidity
Business 14:30
Azerbaijan drafts securitization bill to unlock bank liquidity
Oil price shifts to impact Azerbaijan's budget and SOFAZ assets
Business 13:30
Oil price shifts to impact Azerbaijan's budget and SOFAZ assets
TAP pipeline awarded UN OGMP 2.0 'Gold Standard'
İqtisadiyyat 13:00
TAP pipeline awarded UN OGMP 2.0 'Gold Standard'
Turkey deploys Osman Gazi floating platform to double Black Sea gas output
Business 12:30
Turkey deploys Osman Gazi floating platform to double Black Sea gas output
Brent and WTI crude futures edge lower on ICE and NYMEX
Business 12:00
Brent and WTI crude futures edge lower on ICE and NYMEX
Anews TV

Our official Youtube channel

Subscribe