Tokyo stocks open lower on mixed Wall Street session

Business Materials 27 August 2008 08:32 (UTC +04:00)

Japanese shares were slightly lower in thin trading Wednesday following mixed trading on Wall Street overnight. ( dpa )

The Nikkei 225 Stock Average lost 14.70 points, or 0.12 per cent, to 12,764.01.

The broader Topix index of all first-section issues was also down 3.54 points, or 0.29 per cent, at 1,225.81.

The Tokyo players sold issues mainly in consumer finance, retail and the banking sector.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 109.55-58 yen, down from Tuesday's 5 pm quote of 109.82-83 yen.

The euro was quoted at 1.4642-47 dollars, down from Tuesday's 5 pm quote of 1.4651-61 dollars, and at 160.45-50 yen, down from 161.47-51 yen.