Tokyo: Stocks open lower on strong yen

[TOKYO] Tokyo stocks opened lower on Monday on a strong yen while Toshiba soared following reports that its troubled US nuclear unit is likely to start bankruptcy restructuring proceedings later this week.

The benchmark Nikkei 225 index lost 0.92 per cent, or 177.13 points, to 19,085.40 in early trade, while the Topix index of all first-section issues was down 0.86 per cent, or 13.12 points, at 1,530.80.

AFP