BUSINESS Tokyo stocks open lower as firm yen sends exporters lower

BUSINESS

Tokyo stocks open lower as firm yen sends exporters lower

Xinhua

08:46, July 03, 2019

TOKYO, July 3 (Xinhua) - Tokyo stocks opened lower on Wednesday as a comparatively firm yen against the US dollar sent exporter issues lower and weighed on the broader market.

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An employee looks at monitors at the Tokyo Stock Exchange (TSE), operated by Japan Exchange Group Inc. (JPX), in Tokyo, Japan, on Tuesday, May 7, 2019. (Photo:VCG)

As of 9:15 a.m., the 225-issue Nikkei Stock Average lost 63.14 points, or 0.29 percent, from Tuesday to 21,691.13.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 9.08 points, or 0.57 percent, at 1,580.76.

Oil and coal product, mining and nonferrous metal issues comprised those that declined the most in the opening minutes after the morning bell. 

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