Tokyo, Jan 25, 2023 (AFP)
Tokyo stocks opened lower on Wednesday after a mixed session for Wall Street, with traders waiting for corporate earnings season to get into full swing.
The benchmark Nikkei 225 index fell 0.31 percent, or 83.47 points, to 27,215.72 at the open, while the broader Topix index slid 0.18 percent, or 3.49 points, to 1,969.43.
In New York, the Dow Jones Industrial Average finished up 0.3 percent but the broad-based S&P 500 slipped 0.1 percent and the tech-rich Nasdaq Composite Index dropped 0.3 percent.
Among companies not reporting results, Google parent Alphabet lost two percent after the Justice Department announced an antitrust suit involving Google's ad business, asking that it be broken up to level the playing field for other companies.
"The Japanese market is expected to start lower today as the US market was mixed, making it difficult to find new buying opportunities," Monex senior market analyst Toshiyuki Kanayama said in a note.
Major corporations like Sony Group will announce their financial results starting next week.
The dollar traded at 130.38 yen, against 130.17 yen in New York on Tuesday.
In Tokyo trading, Uniqlo operator Fast Retailing lost 0.25 percent to 77,110 yen while Toyota fell 0.34 percent to 1,905 yen.
Advantest, which makes semiconductor testing kits, dropped 2.11 percent to 9,740 yen.
SoftBank Group added 0.14 percent to 6,196 yen while Nissan rose 0.45 percent to 443.8 yen.
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Sumber : AFP