Tokyo stocks open lower, extending US falls | Malay Mail

TOKYO, Jan 6 ― Tokyo stocks opened lower today after two days of rallies, with investors disheartened by falls on Wall Street.

Japanese shares began the day with falls “after US shares dropped following minutes of the FOMC meeting that prompted expectations the Fed will accelerate the normalisation of monetary policy,” senior market analyst Toshiyuki Kanayama of Monex said. Market players are also beginning to anticipate the US earnings season starting next week, which could provide clues to Japanese corporate performances.In Tokyo, Sony Group dived 5.99 per cent to ¥14,590 after two days of rallies, and after the electronics giant announced yesterday it would found a company to explore entering the rapidly growing electric vehicle market.

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Tokyo stocks close higher on bargain hunting | Malay MailTOKYO, Jan 5 ― Tokyo stocks ended with gains today as investors sought bargains while digesting the impact of a cheaper yen. The Nikkei 225 added 0.10 per cent, or 30.37 points, to 29,332.16, while the broader Topix index rose 0.45 per cent, or 9.05 points, at 2,039.27. The dollar stood at...
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