Tokyo stocks open lower on Wall St. fall, COVID-19 rise

© Kyodo News

Tokyo stocks opened lower Friday, the first day of the new fiscal year, tracking an overnight fall on Wall Street, with sentiment also dented by a recent uptrend in COVID-19 cases in Tokyo.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 359.93 points, or 1.29 percent, from Thursday to 27,461.50. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 21.65 points, or 1.11 percent, at 1,924.75.

Every industry category lost ground, led by marine transportation, pulp and paper, and metal product issues.

At 9 a.m., the dollar fetched 121.73-76 yen compared with 121.63-73 yen in New York and 121.63-65 yen in Tokyo at 5 p.m. Thursday.

The euro was quoted at $1.1072-1076 and 134.78-86 yen against $1.1062-1072 and 134.70-80 yen in New York and $1.1150-1152 and 135.62-66 yen in Tokyo late Thursday afternoon.