Tokyo stocks open mixed on Wall St. decline, Sony's upbeat forecast

Tokyo stocks opened mixed Wednesday as selling following an overnight decline on Wall Street was offset by buying of electrical appliance issues after Sony Group Corp. raised its net profit forecast for the year through March.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 29.03 points, or 0.10 percent, from Tuesday to 27,649.89. The broader Topix index was up 3.15 points, or 0.16 percent, at 1,941.65.

On the top-tier Prime Market, decliners were led by electric power and gas, pharmaceutical and precision instrument issues, while iron and steel, electric appliance and mining issues were among major gainers.

At 9 a.m., the dollar fetched 147.88-91 yen compared with 148.18-28 yen in New York and 147.92-94 yen in Tokyo at 5 p.m. Tuesday.

The euro was quoted at $0.9876-9880 and 146.05-14 yen against $0.9869-9879 and 146.29-39 yen in New York and $0.9929-9930 and 146.87-91 yen in Tokyo late Tuesday afternoon.

© Kyodo News