Nikkei opens lower on weak U.S. high-tech shares

The Nikkei stock index opened lower Wednesday, dragged down by a decline in U.S. high-tech shares overnight.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 158.47 points, or 0.57 percent, from Tuesday to 27,727.40. The broader Topix index was up 0.02 point, or 0.00 percent, at 1,950.24.

On the top-tier Prime Market, decliners were led by mining, precision instrument, and electric appliance issues.

At 9 a.m., the dollar fetched 136.87-90 yen compared with 136.97-137.07 yen in New York and 136.94-95 yen in Tokyo at 5 p.m. Tuesday.

The euro was quoted at $1.0465-0469 and 143.23-32 yen against $1.0468-0478 and 143.37-47 yen in New York, and $1.0490-0491 and 143.65-69 yen in Tokyo late Tuesday afternoon.

© Kyodo News