Tokyo: Shares open lower on Wednesday
Published Wed, Sep 7, 2016 · 12:32 AM
[TOKYO] Tokyo shares opened sharply lower on Wednesday as the yen soared against the dollar on diminishing odds of an early US rate hike.
The benchmark Nikkei 225 index, which closed at a fresh three-month high on Tuesday, lost 1.03 per cent, or 175.40 points, to 16,906.58 in the first few minutes of trade.
The broader Topix index of all first-section issues was down 0.99 per cent, or 13.40 points, at 1,339.18.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%
LSEG reports in-line first quarter as Microsoft partnership progresses
Japan brokerage Daiwa’s Q4 profit more than doubles as markets recover
South Korea readies new system to detect illegal short-selling
Asia: Markets mixed as global rally stalls, eyes on yen
Singapore shares retreat at Thursday’s open; STI down 1.1%