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Tokyo stocks lose ground in morning as investors take profits, yen rises

TOKYO
2017-02-22 11:37

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Tokyo stocks lost ground Wednesday morning as some investors opted to secure gains after the market's recent closing highs, while a slightly firm yen impacted exporters and the broader market.

The 225-issue Nikkei Stock Average edged down 36.32 points, or 0.19 percent, from Tuesday to 19,345.12.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, shed 1.16 points, or 0.07 percent, to 1,554.44.

Notable decliners by the morning break comprised real estate, pulp and paper, and land transportation-linked stocks.

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