Tokyo stocks open lower
Tuesday - August 21, 2018 7:58 am ,
Category : BUSINESS
Tokyo stocks open lower
Tokyo Aug 21 (IANS) Tokyo stocks opened lower on Tuesday as interest rate hikes by the US Federal Reserve sent the yen higher against the US dollar which negatively impacted exporter issues and dented market sentiment.
The 225-issue Nikkei Stock Average dropped 119.61 points or 0.54 per cent from Monday to 22 079.39 Xinhua news agency reported.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange meanwhile fell 6.91 points or 0.41 per cent at 1 685.24.
Marine transportation nonferrous metal and glass and ceramics product-linked issues comprised those that declined the most in the opening minutes after the morning bell.
--IANS pgh/
The 225-issue Nikkei Stock Average dropped 119.61 points or 0.54 per cent from Monday to 22 079.39 Xinhua news agency reported.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange meanwhile fell 6.91 points or 0.41 per cent at 1 685.24.
Marine transportation nonferrous metal and glass and ceramics product-linked issues comprised those that declined the most in the opening minutes after the morning bell.
--IANS pgh/
