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Tokyo stocks open lower on IMF downgrade, U.S.-EU trade concerns

2019-04-10 09:03

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TOKYO, April 10 (Xinhua) -- Tokyo stocks opened lower Wednesday on a downbeat mood following the International Monetary Fund lowering its view of the global economic outlook and U.S. President Donald Trump saying taxes on imports from the European Union could be expanded.

As of 9:15 a.m. the 225-issue Nikkei Stock Average lost 193.35 points, or 0.89 percent, from Tuesday to 21,609.24.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 15.88 points, or 0.98 percent, at 1,602.88.

Oil and coal product, mining, and electric appliance-linked issues comprised those that declined the most in the opening minutes after the opening bell.
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