Tokyo: Stocks open lower in cautious trade

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[TOKYO] Tokyo stocks opened lower Friday in cautious trade amid lingering worries over the outcome of the US presidential election and fresh economic stimulus. Read more at The Business Times.

Tokyo stocks opened lower Friday in cautious trade amid lingering worries over the outcome of the US presidential election and fresh economic stimulus.[TOKYO] Tokyo stocks opened lower Friday in cautious trade amid lingering worries over the outcome of the US presidential election and fresh economic stimulus.

The benchmark Nikkei 225 index was down 0.2 per cent or 55.63 points at 23,276.31 in early trade, while the broader Topix index slipped 0.6 per cent or 9.04 points to 1,601.89. "Japanese shares are seen starting with falls as there are few reasons to actively buy with just a modest rebound in the US market," senior market analyst Toshiyuki Kanayama of Monex said in a note.The dollar fetched 104.56 yen in early Asian trade, against 104.60 yen in New York late Thursday.

 

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