Tokyo stocks open lower on profit-taking | Malay Mail

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TOKYO, Dec 10 ― Tokyo stocks opened lower today with investors locking in profits following falls on Wall Street as US lawmakers disagreed over a proposed stimulus package. The benchmark Nikkei 225 index slipped 0.42 per cent or 113.38 points to 26,704.56 in early trade, while the broader Topix...

The benchmark Nikkei 225 index slipped 0.42 per cent or 113.38 points to 26,704.56 in early trade, while the broader Topix index was down 0.19 per cent or 3.39 points at 1,776.03. — AFP pic

The benchmark Nikkei 225 index slipped 0.42 per cent or 113.38 points to 26,704.56 in early trade, while the broader Topix index was down 0.19 per cent or 3.39 points at 1,776.03. “Expectations are high that the US Congress will reach an early agreement on a stimulus,” he said, but added that “US shares dropped as investors disliked uncertainty over negotiations on the economic relief package”.In Tokyo, chip-linked shares were lower, with chip-testing equipment maker Advantest dropping 3.07 per cent to ¥7,590 and chip-making equipment manufacturer Tokyo Electron down 2.07 per cent to ¥36,400.

 

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