Tokyo stocks volatile as investors weigh virus signals | Malay Mail

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TOKYO, April 8 ― Tokyo stocks were higher at the open today but quickly slipped into the red as investors weighed mixed signals over the coronavirus that is hammering the global economy. The benchmark Nikkei 225 index opened up 0.55 per cent or 103.94 points at 19,054.12, while the broader Topic...

The benchmark Nikkei 225 index opened up 0.55 per cent or 103.94 points at 19,054.12, while the broader Topic index eked out a 0.32-per cent gain or 4.44 points to 1,407.65. ― Reuters pic

The benchmark Nikkei 225 index opened up 0.55 per cent or 103.94 points at 19,054.12, while the broader Topic index eked out a 0.32-per cent gain or 4.44 points to 1,407.65. “Japanese shares are seen top-heavy after the Dow's rally in New York fizzled,” Yoshihiro Ito, chief strategist at Okasan Online Securities, said in a commentary.

Fujifilm was down two per cent at ¥5,712 on profit-taking after rallies in recent sessions due to its Avigan medicine showing promise as a coronavirus treatment.

 

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