Tokyo stocks open mixed on vaccination progress, gains locked in

Tokyo stocks opened mixed Monday as buying on economic reopening hopes, with the full vaccination rate in Japan surpassing 50 percent of the population, was offset by investors locking in gains after the Nikkei closed at a seven-month high late last week.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 39.74 points, or 0.13 percent, from Friday to 30,421.58. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 3.61 points, or 0.17 percent, at 2,088.04.

Gainers were led by oil and coal product and construction issues, while marine transportation and transportation equipment issues led decliners.

At 9 a.m., the dollar fetched 109.92-93 yen compared with 109.86-96 yen in New York and 109.94-96 yen in Tokyo at 5 p.m. Friday.

The euro was quoted at $1.1812-1812 and 129.83-84 yen against $1.1806-1816 and 129.76-86 yen in New York and $1.1842-1843 and 130.19-23 yen in Tokyo late Friday afternoon.

© Kyodo News