BUSINESS Tokyo stocks open lower after Apple says it will miss sales target

BUSINESS

Tokyo stocks open lower after Apple says it will miss sales target

Xinhua

09:25, February 18, 2020

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TOKYO, Feb. 18 (Xinhua) -- Tokyo stocks opened lower Tuesday as technology issues tracked lower after Apple Inc. said overnight its quarterly sales would miss previous forecasts.

As of 9:15 a.m., the 225-issue Nikkei Stock Average lost 146.15 points, or 0.62 percent, from Monday to 23,377.09.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 10.02 points, or 0.59 percent, to 1,677.75.

Metal product, electric appliance and precision instrument-liked issues comprised those that declined the most in the opening minutes after the morning bell.  

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