News Column

Tokyo stocks edge lower early morning amid Ukraine woes

February 27, 2014

TOKYO, Feb. 28 -- (Kyodo) _ Tokyo stocks edged lower early Friday morning, with the market's upside capped by worries about instability in Ukraine and a halt in the yen's depreciation.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 14.38 points, or 0.10 percent, from Thursday to 14,908.73. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 3.00 points, or 0.25 percent, to 1,214.35.

However, sharp falls were prevented in early deals with the market drawing support from overnight rises on Wall Street. On Thursday, the S&P 500 index closed at a record high and the 30-issue Dow Jones Industrial Average rose to a one-month high.

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Source: Japan Economic Newswire

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