Business News
Home > Business News
Japan's Nikkei opens lower as stronger yen dents sentiment
TIWN
TIWN
PHOTO : TIWN
Tokyo, Jan 28 (IANS) Tokyo stocks opened marginally lower on Monday as a comparatively firm yen against the US dollar dented investor sentiment and saw market players secure profits from recent gains.
As of 9:15 am (5:45 am IST), the 225-issue Nikkei Stock Average shed 37.52 points, or 0.18 percent, from Friday to 20,736.04, reported Xinhua news agency.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, edged 2.30 points, or 0.15 percent lower, to 1,563.80.
Food, insurance, and farm and fishery-oriented issues comprised those that declined the most in the opening minutes after the morning bell.
Add your Comment
Comments (0)
More Business News
- IMF expects India to rev up global growth as China falters, backs Modi government's economic policies
- realme set to shake up market: Launching fastest entry-level 5G smartphone 'C65' under Rs 10k
- India's industrial production accelerates to 5.7pc in Feb
- India records 17 pc jump to become 4th largest exporter of digital services: WTO report
- 300 pc rise in market cap to Rs 400 lakh crore in last 10 years driven by strong economic fundamentals