Tokyo shares open lower after Wall Street fall | Malay Mail

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TOKYO, May 11 ­— Tokyo stocks opened lower today following falls on Wall Street where high-tech shares were hit hard. About an hour into trade, the benchmark Nikkei 225 index was at ¥28,863.87 (RM1,090.84), down 654.47 points or 2.22 per cent. The broader Topix was down 1.68 per cent or 32.85...

In morning Tokyo trade, high-tech shares headed south. — AFP picTOKYO, May 11 ­— Tokyo stocks opened lower today following falls on Wall Street where high-tech shares were hit hard.

The Nikkei “is heading toward a possible first fall” after three straight winning sessions, the brokerage said. Major chipmaker Murata Manufacturing fell 2.66 per cent to ¥8,468. Tokyo Electron, a major producer of tools to build semiconductors, dropped 3.22 per cent to ¥48,450.Internet investor SoftBank Group plunged 3.78 per cent to ¥9,786.

Japan’s top drugmaker Takeda Pharmaceutical also gave up earlier gains and hovered at yesterday's close of 3,730.

 

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