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Tokyo stocks open marginally lower as firm yen prompts profit-taking

2019-01-28 09:46

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Tokyo stocks opened marginally lower Monday as a comparatively firm yen against the U.S. dollar dented investor sentiment and saw market players secure profits from recent gains.

As of 9:15 a.m., the 225-issue Nikkei Stock Average shed 37.52 points, or 0.18 percent, from Friday to 20,736.04.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, edged 2.30 points, or 0.15 percent lower, to 1,563.80.

Food, insurance, and farm and fishery-oriented issues comprised those that declined the most in the opening minutes after the morning bell.
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