· Japan’s Nikkei share average dipped in holiday-thinned trade on Wednesday, while Nissan hit an eight-year low after a top executive tasked with leading a recovery at the troubled automaker abruptly resigned just weeks into his new job.
The Nikkei share average ticked down 0.20% to 23,782.87 while the broader Topix lost 0.39% to 1,721.42, with 34 shares declining for every 10 gainers.
While the Nikkei was not far from a 14-month high of 24,091 hit last week, its rally on the back of optimism on the global economic outlook and U.S.-China trade negotiations has petered out with many players away for holidays.
Nissan Motor fell 3.1% to a low last seen in September 2011 after Jun Seki, its vice chief operating officer and a former contender for CEO, said he was leaving the firm to become the president of Nidec Corp.
· China stocks ended roughly flat on Wednesday in quiet trading, as many overseas financial markets were closed for Christmas.
The blue-chip CSI300 index .CSI300 fell 0.1%, to 3,990.87, while the Shanghai Composite Index .SSEC was flat at 2,981.88.
Reference: Reuters, CNBC
Thai
Eng