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MARKETS-STOCKS-JAPAN-OPEN
Tokyo stocks open slightly lower
TOKYO, Dec 26, 2017 (BSS/AFP) – Tokyo stocks opened slightly lower on
Tuesday, with investors keeping to the sidelines as major global markets
remained closed for the Christmas holidays.
The benchmark Nikkei 225 index edged down 0.06 percent, or 13.34 points, to
22,925.84 in early trade while the broader Topix index was down 0.07 percent,
or 1.37 points, at 1,830.56.
“It is difficult to see a clear direction in the market as foreign
investors are absent from trade with a transaction volume low,” Okasan Online
Securities said in a commentary.
Investors are awaiting Thursday’s minutes of the Bank of Japan’s policy
meeting last week for clues to the central bank’s future course of policy
decisions, it said.
The dollar changed hands at 113.29 yen, almost unchanged from 113.25 yen in
Tokyo late Monday.
Some blue-chip shares were lower, with Nintendo losing 0.80 percent at
42,020 yen and Canon trading down 0.29 percent at 4,406 yen.
Mitsubishi UFJ Financial was down 0.40 percent at 836.4 yen while its rival
Sumitomo Mitsui Financial slipped 0.71 percent to 4,882 yen.
BSS/AFP/SR/1445 HRS