News Column

Tokyo stocks open lower on falls in U.S. stocks, yen's firmness

June 11, 2014

Tokyo stocks opened lower Thursday as investor sentiment was dampened by overnight falls in U.S. stocks and the dollar's weakness around the 102 yen line.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 120.64 points, or 0.80 percent, from Wednesday to 14,948.84. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 7.28 points, or 0.59 percent, at 1,231.79.

The weak opening, led by losses in export-led automaker and high-tech shares, came after the Dow Jones Industrial Average snapped a streak of four straight record closing highs overnight in New York.

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Source: Japan Economic Newswire