Tokyo stocks extend losses in morning on yen's rise, jitters ahead of Trump speech
Tokyo stocks
Tokyo - Xinhua
Tokyo stocks extended losses Monday morning as a rise in oil prices and a strong yen saw investor sentiment diminish, with a dour market mood compounded by jitters ahead of a speech from U.S. President Donald Trump.
The 225-issue Nikkei Stock Average dropped 223.35 points, or 1.16 percent, from Friday to 19,060.19.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 18.12 points, or 1.17 percent, to 1,532.02.
On the main section all industries retreated into negative territory by the morning break, with the biggest decliners comprising mining, insurance and bank-linked stocks.
source: Xinhua
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