Tokyo Stocks Trim Some Losses by Midday
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Japanese stocks edged lower by midsession  on Friday as selective stocks bounced back on bargain hunting,  cushioning selling of tech stocks triggered when Sony Corp. cut  its operating profit estimate.
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The yen trimmed losses made against the dollar earlier on Thursday, but gains were limited as investors refrained from taking fresh positions ahead of the Bank of Japan&#39;s quarterly survey of corporate sentiment.
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Tokyo stocks were flat in afternoon trade  on Friday as worries about record high oil prices took the edge  off investors' appetite for recently battered high tech issues  such as Sharp Corp
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Tokyo's Nikkei average dipped 0.2 percent  by mid-afternoon on Tuesday as growing worries over the  domestic economic outlook hit banks and insurers, offsetting  gains in shipping firms and other companies with bright  earnings prospects.
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Tokyo stocks edged up on Thursday as tech  issues bounced back after their U.S counterparts made gains,  but car firms such as Honda Motor Co. Ltd. were a bit lower,  hurt by a fall in U.S. industry sales for August.
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The Nikkei average rose 1.06 percent by   midday on Wednesday, recovering from a one-month closing low   the previous day as heavyweights such as Fast Retailing Co.   Ltd. 9983.T led the market higher after a rally in U.S.   shares.
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Gains in banks and exporters helped lift Tokyo's Nikkei 0.84 percent by midday on Tuesday as a fall in crude oil prices and a rebound in U.S. stocks led buyers to pick up shares hit by the index's recent sharp losses.
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Tokyo stocks showed little movement by   mid-morning on Tuesday as recent gainers such as real estate  and retailers met profit-taking, but optimism over improved  corporate earnings lifted selective stocks including Mitsubishi  Motors Corp.
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Tokyo's Nikkei average lost 0.66 percent  by midday on Friday as renewed earnings concerns prompted  investors to sell key technology stocks, while insurers fell on  worries over their exposure to typhoon- and hurricane-related  costs.
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Japanese stocks fell by midday on  Thursday as concerns about domestic company earnings and the  impact on global economies from higher oil prices overshadowed  bargain hunting following the market's recent sharp losses.
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Tokyo's Nikkei average was up 0.18  percent by mid-morning on Wednesday, helped by Wall Street's  higher finish, but gains were limited by nagging concerns over  the global economic outlook due to surging oil prices.
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Tokyo stocks edged up on Thursday as tech issues bounced back after their U.S counterparts made gains, but car firms such as Honda Motor Co. Ltd. were a bit lower, hurt by a fall in U.S. industry sales for August.
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Tokyo's Nikkei average fell 0.9 percent by mid-morning on Tuesday and was on course for an eighth day of losses as a broad range of stocks wilted after oil prices spiked to &#36;50 a barrel and U.S. stocks made more losses.
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Tokyo stocks rose moderately Wednesday morning as investors bought select blue chip issues following Wall Street's gains. The dollar was down against the Japanese yen and euro.
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Tokyo stocks rose by midday on Thursday  as optimism over the domestic economic outlook lifted firms  such as Honda Motor Co., although gains were capped as  technology firms followed their U.S. peers down.
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Tokyo stocks rose by midday on Monday as a broad range of issues got a lift from a key survey that boosted optimism on Japan&#39;s economic outlook and raised expectations that growth figures will be revised up.
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Japanese shares will probably move in a narrow range in a week shortened by public holidays, but could dip below the 11,000 level as earnings disappointment saps Wall Street's momentum and as concern lingers over the global economic outlook.