Tokyo, Feb 28 (IANS) Tokyo stocks opened lower on Thursday as the Dow Jones Industrial Average losing ground overnight prompted investors to secure profits after the Nikkei's gains a day earlier.
As of 9:15 am local time (5.45 am IST), the 225-issue Nikkei Stock Average dropped 105.76 points, or 0.49 percent, from Wednesday to 21,450.75, Xinhua news agency reported.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 8.46 points, or 0.52 percent, at 1,611.96.
Electric appliance, chemical and machinery-linked issues comprised those that declined the most in the opening minutes after the morning bell.
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz