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Tokyo stocks open lower on downbeat earnings of Japanese firms

Business Materials 10 April 2008 08:20 (UTC +04:00)

Tokyo stocks opened lower Thursday on downbeat earnings of Japanese companies. ( dpa )

The Nikkei 225 Stock Average dipped 77.41 points, or 0.59 per cent, to 13,034.48.

The broader Topix index of all first-section issues was down 5.52 points, or 0.44 per cent, at 1,257.38.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 101.74-79 yen, down from Wednesday's 5 pm quote of 102.26-28 yen.

The euro was quoted at 1.5814-19 dollars, up from Wednesday's 5 pm quote of 1.5715-17 dollars, and at 160.94-97 yen, up from 160.71-75 yen.

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