ANL 15.10 Decreased By ▼ -0.78 (-4.91%)
ASC 13.20 Decreased By ▼ -0.30 (-2.22%)
ASL 17.40 Decreased By ▼ -0.90 (-4.92%)
BOP 8.76 Decreased By ▼ -0.12 (-1.35%)
BYCO 7.10 Decreased By ▼ -0.25 (-3.4%)
FCCL 18.42 Increased By ▲ 0.33 (1.82%)
FFBL 22.97 Decreased By ▼ -0.13 (-0.56%)
FFL 15.03 Decreased By ▼ -0.27 (-1.76%)
FNEL 7.05 Decreased By ▼ -0.06 (-0.84%)
GGGL 16.47 Decreased By ▼ -0.39 (-2.31%)
GGL 26.70 Decreased By ▼ -1.45 (-5.15%)
HUMNL 6.47 Decreased By ▼ -0.17 (-2.56%)
JSCL 19.23 Decreased By ▼ -0.37 (-1.89%)
KAPCO 26.62 Decreased By ▼ -0.38 (-1.41%)
KEL 3.36 Decreased By ▼ -0.07 (-2.04%)
MDTL 2.10 Decreased By ▼ -0.08 (-3.67%)
MLCF 35.30 Increased By ▲ 0.29 (0.83%)
NETSOL 98.65 Decreased By ▼ -5.10 (-4.92%)
PACE 4.12 Decreased By ▼ -0.06 (-1.44%)
PAEL 25.68 Decreased By ▼ -1.47 (-5.41%)
PIBTL 8.01 Decreased By ▼ -0.19 (-2.32%)
POWER 7.12 Increased By ▲ 0.19 (2.74%)
PRL 15.83 Decreased By ▼ -0.61 (-3.71%)
PTC 8.99 Decreased By ▼ -0.09 (-0.99%)
SILK 1.46 Decreased By ▼ -0.04 (-2.67%)
SNGP 39.97 Decreased By ▼ -0.78 (-1.91%)
TELE 16.35 Decreased By ▼ -0.79 (-4.61%)
TRG 122.70 Decreased By ▼ -7.66 (-5.88%)
UNITY 29.05 Decreased By ▼ -0.85 (-2.84%)
WTL 2.33 Decreased By ▼ -0.10 (-4.12%)
BR100 4,698 Decreased By ▼ -65.1 (-1.37%)
BR30 20,079 Decreased By ▼ -591.71 (-2.86%)
KSE100 45,344 Decreased By ▼ -477.85 (-1.04%)
KSE30 17,796 Decreased By ▼ -210.02 (-1.17%)

Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,344
1624hr
Pakistan Cases
1,267,393
56724hr
1.45% positivity
Sindh
466,945
Punjab
438,636
Balochistan
33,159
Islamabad
106,615
KPK
177,240
Markets

Tokyo stocks open lower on US falls

  • The benchmark Nikkei 225 index was down 0.69 percent, or 207.50 points, at 29,973.71 in early trade, while the broader Topix index slipped 0.60 percent, or 12.45 points, to 2,067.16
09 Sep 2021

TOKYO: Tokyo stocks opened lower on Thursday as Wall Street falls weighed on the market, with investors adjusting their positions ahead of the settlement of futures and options this week.

The benchmark Nikkei 225 index was down 0.69 percent, or 207.50 points, at 29,973.71 in early trade, while the broader Topix index slipped 0.60 percent, or 12.45 points, to 2,067.16.

"Investors dislike falls in US shares, and short-term, profit-taking selling is dragging down share prices," Mizuho Securities said in a note.

Tokyo shares end higher on stimulus hopes

Investors are adjusting their positions ahead of the settlement of futures and options, which "could limit falls in share prices," Okasan Online Securities said in a commentary.

Traders are also watching China's consumer prices in August due later in the day, analysts also said.

The dollar fetched 110.28 yen in early Asian trade, against 110.24 yen in New York on Wednesday.

In Tokyo, Canon was down 0.16 percent at 2,685 yen after a report it plans to buy a Canadian chip-maker for 30 billion yen ($270 million).

Trading house Mitsubishi Corp was up two percent at 3,552 yen after a brokerage firm revised up its evaluation of the shares. Nissan was down one percent at 582.6 yen after Renault's CEO said it won't merge with the Japanese carmaker.

Its bigger rival Toyota was down 0.2 percent at 9,917 yen.

On Wall Street, the Dow ended down 0.2 percent at 35,031.07.

Comments

Comments are closed.