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Tokyo stocks open down 0.84% on Thursday

Published on Jun 12, 2014 9:33 AM
 

TOKYO (AFP) - Tokyo stocks opened 0.84 per cent weaker on Thursday, retreating after a downturn on Wall Street and as the yen rose against the dollar.

The Nikkei 225 index fell 127.33 points to 14,942.15 at the start of the session.

"The market continues to look top-heavy at 15,000, and will consolidate, pushed down by the dollar's weakness," said SMBC Nikko Securities general manager of equities Hiroichi Nishi.

The Dow Jones Industrial Average on Wednesday snapped a four-day streak of record highs as profit-taking took hold, closing down 0.60 per cent to 16,843.88.

 
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