Tokyo stocks opened lower on Wednesday after the benchmark Nikkei index hit a fresh 27-year high earlier this week, with investors seen taking profits.
The key Nikkei 225 index slipped 0.18 percent or 44.12 points to 24,226.50 in early trade, while the broader Topix index was down 0.15 percent or 2.67 points at 1,821.36.
“Profit-taking sales are growing and we will likely see a lull in Japanese shares,” Okasan Online Securities said in a commentary.
“While the yen’s depreciation has slowed after it touched the 114 yen level (against the dollar earlier this week), there are few other market-moving events,” it noted.
Investors were also awaiting key US jobs data due this weekend, analysts said.
The dollar fetched 113.59 yen in early Asian trade, against 113.68 yen in New York late Tuesday.
In Tokyo, blue-chip exporters were lower, with Toyota trading down 1.39 percent at 7,075 yen, Honda 2.66 percent at 3,393 yen, Sony off 1.62 percent at 6,725 yen and Panasonic down 1.67 percent at 1,348.5 yen.
In New York, the Dow closed up 0.5 percent at a fresh record of 26,773.94.
This Article Was Posted By DJXBAZZ
You’ve Got Something To Tell Us Or Bring Our Attention To Something On the SITE Or You Need Massive Promotion For Your SONG/VIDEO/MIXTAPE/EVENT/ALBUM Or EP?
Want To Advertise With Us?
You Have Information To Share Like Article’s, Music, Funny Pictures And More?
Then Contact us on:-
Send us a Mail to ⇨ email@example.com
Call or Text us on ⇨ +2348065200003
Chat with us on WhatsApp ⇨ Click Here
You Can Also Follow us on:-
Facebook: DJXBAZZ HORLUWAH BUNMI
DISCLAIMER : Lovablevibes.com do not claim ownership of any of the Songs OR News that we upload or post, and any copyright infringement complaints will be executed immediately! It is our policy to honor all take-down requests! If You Feel Your Rights Are Being Infringed Upon,Email Us Lovablevibes@post.com