Tokyo stocks open lower on yen's rise, US political uncertainty
Tokyo stocks
Tokyo - Xinhua
Tokyo stocks opened lower Thursday as the yen's appreciation against the U.S. impacted exporter-linked shares, while ongoing uncertainty about the U.S's stance on foreign and economic policies kept market players in a circumspect mood.
As of 9:15 a.m, the 225-issue Nikkei Stock Average dropped 102.42 points, or 0.54 percent, from Wednesday to 18,905.18.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, relinquished 9.85 points, or 0.65 percent, to 1,514.30.
Among a swathe of issues that dropped from the bell, tire and transportation equipment sectors were among notable early decliners.
source: Xinhua
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