(Bloomberg) -- Japan's Topix index fell from the
highest in more than three months after the price of oil rose to
almost $70 a barrel for the first time since September, raising
costs for transportation companies.
Mitsui O.S.K. Lines Ltd. fell for the eighth time in nine
days and Mitsubishi Logistics Corp. dropped the most in seven
sessions. Measures of shipping line and warehouse and transport
stocks were the two worst performers among the 33 industry
groups included in the Topix index.
Read more at Bloomberg Stocks News
highest in more than three months after the price of oil rose to
almost $70 a barrel for the first time since September, raising
costs for transportation companies.
Mitsui O.S.K. Lines Ltd. fell for the eighth time in nine
days and Mitsubishi Logistics Corp. dropped the most in seven
sessions. Measures of shipping line and warehouse and transport
stocks were the two worst performers among the 33 industry
groups included in the Topix index.
Read more at Bloomberg Stocks News
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