Tokyo stocks open lower after sharp falls on Wall St.

Tokyo stocks opened lower Thursday, as investor sentiment was dampened by heavy selling on Wall Street overnight that put an end to a nine-day winning streak on the Dow Jones index.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 434.55 points, or 1.29 percent, from Wednesday to 33,241.39. The broader Topix index was down 24.56 points, or 1.05 percent, at 2,324.82.

On the top-tier Prime Market, decliners were led by transportation equipment, precision instrument and wholesale trade issues.

At 9 a.m., the U.S. dollar fetched 143.52-53 yen compared with 143.53-63 yen in New York and 143.54-56 yen in Tokyo at 5 p.m. Wednesday.

The euro was quoted at $1.0941-0945 and 157.03-09 yen against $1.0938-0948 and 157.04-14 yen in New York and $1.0966-0968 and 157.41-45 yen in Tokyo late Wednesday afternoon.

© Kyodo News