Tokyo stocks open mixed on buybacks, selling of SoftBank after surge
TOKYO (Kyodo) -- Tokyo stocks opened mixed Wednesday on buybacks of recent decliners and heavyweight technology shares tracking gains by their U.S. co
Tokyo stocks commenced their trading day on a mixed note on Wednesday, with investors showing interest in recent decliners and heavyweight technology shares, mirroring gains by their U.S. counterparts. However, the Nikkei stock index suffered a setback, as SoftBank Group saw selling following a surge the previous day. During the initial 15 minutes of trading, the 225-issue Nikkei Stock Average slipped by 28.92 points, or 0.05 percent, plummeting from Tuesday's close of 63,455.18.
The wider Topix index, on the other hand, rose by 27.96 points, or 0.69 percent, reaching 4,065.12. In the Prime Market, the main beneficiaries were oil and coal product, and mining shares, while information and communication, and securities house stocks suffered notable declines. At 9 a.m., the U.S. dollar was trading at 155.28-29 yen, a figure that remained relatively stable compared to its levels in New York and Tokyo, where it was quoted at 155.05-15 yen and 154.88-90 yen, respectively, in the previous trading session.
The euro was also steady, with quotations at $1.1537-1537 and 179.14-16 yen in New York, and 154.88-90 yen in Tokyo, reflecting only minor fluctuations after the New York session's close on Tuesday.
Written by urgent.news from The Mainichi's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
