• $ 1.7
  • € 2.0045
  • ₽ 0.021798
  • ₺ 0.0397
  • £ 2.2973

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
Lukoil's Alekperov hosts lavish $760,000 corporate gala for top executives
Business 11:30
Lukoil's Alekperov hosts lavish $760,000 corporate gala for top executives
Azerbaijan central bank exchange rates
Business 10:00
Azerbaijan central bank exchange rates
Azerbaijan holds awareness seminar on implementation of Competition Code
Business 15:30
Azerbaijan holds awareness seminar on implementation of Competition Code
Azerbaijan’s Azeri Light crude rises
Business 15:00
Azerbaijan’s Azeri Light crude rises
Azerbaijan central bank exchange rates
Business 12:30
Azerbaijan central bank exchange rates
Azerbaijan central bank sets 2026 monetary policy target
Business 09:30
Azerbaijan central bank sets 2026 monetary policy target
Russia looks to ship fertilisers to Armenia via Azerbaijan
Business 17:30
Russia looks to ship fertilisers to Armenia via Azerbaijan
Azerbaijani gasoline goes on sale in Armenia at discounted rates
Business 17:00
Azerbaijani gasoline goes on sale in Armenia at discounted rates
Azerbaijan’s insurance market grows nearly 12% in January–November
Business 16:30
Azerbaijan’s insurance market grows nearly 12% in January–November
Anews TV

Our official Youtube channel

Subscribe