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Tokyo: Stocks open lower on Monday on rate worries

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Published Mon, May 9, 2022 · 08:17 AM
    • Tokyo stocks opened lower on Monday.
    • Tokyo stocks opened lower on Monday. PHOTO: AFP

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    TOKYO stocks opened lower on Monday, tracking US falls on investor concern over higher interest rates, with focus shifting towards Japanese corporate earnings. The benchmark Nikkei 225 index was down 1.12 per cent, or 302.68 points, at 26,700.88 in early trade, while the broader Topix index fell 0.79 per cent, or 15.12 points, to 1,900.79. AFP

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