Tokyo stocks open lower on Dow fall, COVID-19 rise in Japan

Tokyo stocks opened lower Wednesday, with sentiment hurt by an overnight decline of the Dow Jones index and recent rises in COVID-19 cases across Japan.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 199.94 points, or 0.76 percent, from Tuesday to 26,223.53. The broader Topix index was down 14.90 points, or 0.79 percent, at 1,864.22.

On the top-tier Prime Market, decliners were led by mining, oil and coal product, and nonferrous metal issues.

At 9 a.m., the dollar fetched 135.53-54 yen compared with 135.83-93 yen in New York and 136.08-09 yen in Tokyo at 5 p.m. Tuesday.

The euro was quoted at $1.0255-0259 and 138.99-139.05 yen against $1.0259-0269 and 139.43-53 yen in New York and $1.0374-0375 and 141.17-21 yen in Tokyo late Tuesday afternoon.

© Kyodo News