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Chubu Elec shares untraded after call to shut nuclear plant

by Reuters
Monday, 9 May 2011 00:07 GMT

TOKYO, May 9 (Reuters) - Chubu Electric Power Co shares were untraded on Monday due to a glut of sell orders after Japan's prime minister called for a shutdown of its nuclear plant in Hamaoka, central Japan.

Local media said on Monday that Chubu Electric was seeking a meeting with Prime Minister Naoto Kan to confirm government support for the closure before holding an extraordinary board meeting and accepting Kan's call. (Reporting by Chikako Mogi; Editing by Edmund Klamann)

Our Standards: The Thomson Reuters Trust Principles.

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