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Tokyo: Stocks open lower, extend global sell-off

Wednesday, August 3, 2016 - 08:27

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[TOKYO] Tokyo stocks extended a sell-off on global markets at open on Wednesday, with a stronger yen hitting exporters and investors shrugging off a huge government stimulus package.

The benchmark Nikkei 225 index slipped 1.54 per cent, or 252.73 points, to 16,138.72 shortly after the opening bell, while the broader Topix index of all first-section shares plunged 1.79 per cent, or 23.32 points, to 1,276.88.


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