Tokyo stocks retreat in morning session

Image
IANS Tokyo
Last Updated : Dec 15 2015 | 9:32 AM IST

Tokyo stocks retreated on Tuesday morning as a risk averse mood was pervasive as investors keenly eyed the results of Wednesday's US Federal Reserve policy meeting.

The meeting could see an interest rate hike in the US that could have a bearing on emerging economies, Xinhua reported.

The 225-issue Nikkei Stock Average fell 138.85 points, or 0.74 percent, from Monday to 18,744.57 at the morning break.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange declined 11.67 points, or 0.76 percent, to 1,516.21.

Notable decliners at the break comprised pulp and paper, banking and nonferrous metal-linked stocks.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Dec 15 2015 | 9:20 AM IST

Next Story