Stocks

Nikkei rebounds, but iPhone LCD suppliers slump

Reuters Tokyo | Updated on January 22, 2018 Published on November 26, 2015

nikkei

Japanese stocks rebounded on Thursday in thin trade, but shares in suppliers of parts for the iPhone’s LCD screens dived after the Nikkei business daily reported on Apple’s plans to introduce organic light-emitting diode displays for its iPhones in 2018.

The Nikkei share average ended 0.5 per cent higher at 19,944.41.

The broader Topix rose 0.5 per cent to 1,602.32, with only 1.868 billion shares changing hands, lower than the 90-day average daily volume of 2.3 billion shares with US markets closed for the Thanksgiving holiday.

The JPX-Nikkei Index 400 also gained 0.5 per cent to 14,449.29.

Published on November 26, 2015
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