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Japan's Nikkei opens lower as global growth concerns weigh

IANS  |  Tokyo 

stocks opened lower on Monday despite US stocks swinging into positive territory late last week, as investors remained concerned about the global economic growth outlook.

As of 9:15 am local time (5.45 am IST), the 225-issue Nikkei Stock Average dropped 196.19 points, or 0.92 per cent, from Friday to 21,148.73, reported.

The broader Topix index of all First Section issues on the Stock Exchange, meanwhile, fell 10.16 points, or 0.66 per cent, at 1,539.26.

Consumer credit, and and coal product-linked issues comprised those that declined the most in the opening minutes after the morning bell.

--IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Mon, May 13 2019. 06:58 IST
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