The Nikkei share average slipped 0.23 percent on Thursday as some exporters such as auto parts maker Denso Corp. were hit again by concern about slowing economic growth in the key U.S. market.
But chip-related stocks gained ground after brokerage Goldman Sachs raised its rating on Toshiba Corp. to "buy", saying prices of NAND flash memory will likely bottom out in the current quarter.
Read more at Reuters.com
Wednesday, March 7, 2007
Nikkei slips but chip stocks gain ground
Labels:
Denso Corp.,
Goldman Sachs,
NAND,
Nikkei,
Toshiba Corp.,
U.S market
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