News Column

Tokyo stocks open slightly lower on selling to lock in gains

June 19, 2014

Tokyo stocks opened slightly lower Friday as investors moved to lock in gains following the Nikkei average's three-day rise to a nearly five-month high the previous day.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 32.20 points, or 0.21 percent, from Thursday to 15,328.96. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 1.12 points, or 0.09 percent, to 1,267.92.

But selling was limited as market sentiment was bolstered by the overnight rise in the Dow Jones Industrial Average in New York, which extended gains for the fifth straight session, brokers said.

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Source: Japan Economic Newswire

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