TOKYO, Nov 14 — Tokyo stocks traded lower today despite overnight gains on Wall Street, with investors locking in profits after an upbeat end to last week.
“In reaction to strong rallies in the previous session, Japanese markets are starting with losses,” said Monex senior market analyst Toshiyuki Kanayama. Market heavyweight SoftBank Group plunged 10.83 per cent to ¥6,200 after the investment giant posted a net profit in the second quarter but a net loss in the first half.