Tokyo: Stocks open slightly lower in cautious trade

[TOKYO] Tokyo stocks opened modestly lower on Monday in cautious trade amid a lack of fresh market-moving events as a majority of foreign markets were closed and with 10 days of holiday looming in Japan.

The benchmark Nikkei 225 index edged down 0.12 per cent or 25.84 points at 22,174.72 in early trade, while the broader Topix index was down 0.24 per cent or 3.94 points at 1,612.99. "Tokyo stocks are starting without fresh market-moving events," and investors are looking"to take profit ahead of 10 days of holidays during which key Chinese and US economic data are due," said Hideyuki Ishiguro, strategist at Daiwa Securities.

US, European and a majority of Asian markets were closed on Friday and the Japanese markets will be closed from next Monday until May 6."This week, Japanese corporate earnings are in focus," including precision motor maker Nidec on Tuesday and industrial robot maker Fanuc on Wednesday, Ishiguro said.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tokyo: Stocks open lower after Wall Street losses[TOKYO] Tokyo stocks opened lower on Tuesday, with investors turning cautious after modest drops on Wall Street. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Tokyo: Stocks open modestly higher in cautious trade[TOKYO] Tokyo stocks opened marginally higher on Thursday with help from a cheaper yen, but investors were cautious ahead of Easter holidays on overseas markets. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Tokyo: Stocks open higher after Wall Street gains[TOKYO] Tokyo stocks opened fractionally higher on Wednesday tracking rallies on Wall Street, as investors awaited a series of Chinese economic indicators due later in the day. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Singapore stocks: STI resumes Monday afternoon at 3,333.38, up 0.04% on daySINGAPORE stocks edged up as trading resumed on Monday afternoon, with the Straits Times Index advancing 0.04 per cent or 1.4 points to 3,333.38 as at 1.01pm. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »

Wall Street slips as bank earnings disappointU.S. stocks slipped on Monday, weighed by losses in financial stocks as earnings from Wall Street's big banks Goldman Sachs and Citigroup failed ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »