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Asia’s benchmark stock index is on course to snap its longest weekly winning streak since January as a cut in Nikon Corp. profit forecast overshadowed a larger-than-forecast increase in China’s industrial output.
Nikkei 225 13,615.19 +9.63 +0.07%
Hang Seng 21,808.34 +152.46 +0.70%
S&P/ASX 200 5,055.21 -9.59 -0.19%
Shanghai Composite 2,052.23 +7.34 +0.36%
Nikon, a Japanese camera maker, slumped 14 percent, dragging consumer shares lower.
BHP Billiton Ltd. , the world’s largest mining company, climbed 1.8 percent in Sydney, leading raw-materials firms to the largest advance among the 10 industry groups of the Asia-Pacific benchmark gauge.
DeNA Co., a mobile-game site operator, surged 11 percent in Tokyo after posting a 9.6 percent increase in first-quarter sales.
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