Tokyo stocks open lower as investors opt to secure gains

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IANS Tokyo
Last Updated : Feb 16 2016 | 7:57 AM IST

Tokyo stocks opened lower on Tuesday as investors opted to secure gains made the previous day when the market surged more than 7 percent.

As of 9:15 a.m., the 225-issue Nikkei Stock Average dropped 140. 64 points, or 0.88 percent, from Monday to 15,881.94, Xinhua reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 9.84 points, or 0.76 percent, to 1,282.39.

Early notable decliners comprised marine transport, glass and ceramics products, and electric power and gas-linked shares.

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First Published: Feb 16 2016 | 7:36 AM IST

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