TOKYO (Reuters) – The stock market in Tokyo with a small profit ended Monday. The market processed a stronger than expected increase in Chinese exports and an unexpected drop in imports in China. It also showed that the Japanese economy shrank in the second quarter than previously thought. Stronger The Nikkei closed 0.2 percent in the plus at 15705.11 points.
The company Softbank climbed 2.1 percent. Japanese telecom company benefited from the news that the Chinese Internet company Alibaba with its IPO in New York wants to retrieve. Amounting to 21.1 billion dollars (16.3 billion euros) It would thus be the largest IPO ever in the United States. Softbank has an interest of more than 30 percent in Alibaba.
The other major stock markets in the Far East showed Monday predominantly casualty. The Hang Seng Index in Hong Kong scored 0.2 percent lower in afternoon trading and the All Ordinaries lost 0.3 percent in Sydney. Trade was relatively calm since the markets remained closed in China, Taiwan and South Korea due to a holiday
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