BUSINESS Tokyo stocks flat in morning as investors lock in profits

BUSINESS

Tokyo stocks flat in morning as investors lock in profits

Xinhua

13:36, January 24, 2020

TOKYO, Jan. 24 (Xinhua) -- Tokyo stocks were flat Friday morning, as investors opted for quick profits after the market's earlier rise on some solid U.S. tech earnings which sent the U.S. Nasdaq Composite Index to a new record overnight.

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File photo: AFP

The 225-issue Nikkei Stock Average edged down 12.77 points, or 0.05 percent, from Thursday to 23,782.67.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, shed 2.44 points, or 0.14 percent, at 1,728.06.

Insurance and securities house issues led notable decliners, while land transportation and air transportation issues comprised those that gained the most by the morning break.

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