Tokyo: Stocks open lower as yen picks up

[TOKYO] Tokyo stocks opened slightly lower on Friday, as exporters slipped due to a gradual pick-up in the yen exchange rate.

The benchmark Nikkei 225 index dropped 0.13 per cent, or 25.90 points, to 20,337.21 in the first few minutes of trade while the broader Topix index was down 0.16 per cent, or 2.59 points, at 1,673.58.

AFP