Most Japanese shares mostly fell amid thin trading as investors weighed earnings and awaited U.S. employment data.
The Nikkei 225 Stock Average dropped 0.2% to 14,457.51. Japanese markets are shut May 5-6 for holidays.
Hong Kong’s Hang Seng Index gained 0.6%, while the markets in mainland China are closed again today for a holiday.
Sony lost 0.6%. The company posted a preliminary net loss of 130 billion yen ($1.3 billion) for the 12 months ended March, its third downward revision after a February loss projection of 110 billion yen.
Oki Electric gained 3.4%. Net income for the fiscal year ended March is likely to be about 27 billion yen after the company’s printer business showed improvement, the Nikkei newspaper reported. Oki Electric is due to report earnings on May 8.
The Topix Electronic Power & Gas Index lost 1.5%, the biggest decline among the 33 industry groups on the broader gauge. Kansai Electric Power Co. slumped 2.5% after yesterday’s 7% gain. Shikoku Electric Power Co. sank 2.5%.
Wynn Macau climbed 3.8%. Adjusted property earnings before interest, taxes, depreciation and amortization, or Ebitda, rose 16% from a year earlier to $384.3 million, according to a statement by parent company Wynn Resorts Ltd. That surpassed the $367 million median estimate of analysts.
Gaming companies also rallied after government data showed Macau casino revenue increased 10.6% from a year earlier to 31.3 billion patacas ($3.9 billion) in April. That exceeded the 7% median growth forecast by analysts.
Galaxy Entertainment Group Ltd., controlled by billionaire Lui Che-woo, rose 2.1% and Sands China Ltd. added 1.5%.
MediaTek Inc. jumped 7% after the maker of chips used in wireless devices posted operating profit that beat analyst estimates.
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