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Tokyo stocks open mixed on Dow snapping losing streak

TOKYO
2018-06-25 09:35

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Tokyo stocks opened mixed on Monday as investors both bought on the back of the Dow Jones Industrial Average snapping a drawn out losing streak and sold on heightening global trade tensions after U.S. President Donald Trump threatened to slap more tariffs on all cars imported from the European Union.

As of 9:15 p.m., the 225-issue Nikkei Stock Average shed 8.32 points, or 0.04 percent, from Friday to 22,508.51.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 2.06 points, or 0.12 percent, at 1,742.77.

Mining, oil and coal product, and pulp and paper issues comprised those that gained the most, while land transportation, metal product and textile and apparel issues led those that declined the most in the opening minutes after the morning bell. 

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