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Tokyo stocks drop in morning as global risk off mood sends yen higher

TOKYO
2015-12-10 11:03

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Tokyo stocks dropped Thursday morning as investors opted for safe havens like the yen, which negatively impacted exporter issues.

The 225-issue Nikkei Stock Average fell 251.41 points, or 1.30 percent, from Wednesday to 19,049.66 at the break, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange dropped 14.00 points, or 0.90 percent, to 1,541.58.

Notable decliners at the break comprised rubber products, precision instruments and financing business issues.

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