
Tokyo stocks open mixed on Middle East tensions, firm tech shares
TOKYO (Kyodo) -- Tokyo stocks opened mixed Friday as selling on concern over intensifying tensions in the Middle East was offset by buying of heavyweight technology shares.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 105.39 points, or 0.27 percent, from Thursday to 38,593.73. The broader Topix index was down 0.30 point, or 0.01 percent, at 2,791.78.
On the top-tier Prime Market, gainers were led by pulp and paper, and securities house issues, while farm and fishery, and electric power and gas shares were the main decliners.
At 9 a.m., the U.S. dollar fetched 145.22-26 yen compared with 145.68-73 yen at 4 p.m. in London and 145.39-41 yen in Tokyo at 5 p.m. Thursday.
The euro was quoted at $1.1510-1513 and 167.17-20 yen against $1.1461-1462 and 166.64-68 yen in Tokyo late Thursday afternoon.
U.S. markets were closed Thursday for a public holiday.

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The Mainichi
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Tokyo stocks end lower amid uncertainty over Middle East conflict
TOKYO (Kyodo) -- Tokyo stocks ended slightly lower Friday, as many investors refrained from buying amid uncertainty over the intensifying Israel-Iran conflict in the Middle East. The 225-issue Nikkei Stock Average closed down 85.11 points, or 0.22 percent, from Thursday at 38,403.23. The broader Topix index finished 20.82 points, or 0.75 percent, lower at 2,771.26. On the top-tier Prime Market, decliners were led by insurance, mining and farm and fishery issues. The U.S. dollar moved little amid a lack of fresh trading cues in Tokyo after falling to the lower 145 yen range on selling following its three-week high in the upper 145 yen level overnight. The Nikkei stock index was directionless amid uncertainty over whether Israel and Iran will seek a diplomatic solution, with U.S. President Donald Trump saying he will decide within two weeks whether to strike Iran, brokers said. "Investors were finding it difficult to tilt their positions to either buy or sell as it is unclear whether the situation in the Middle East will peak or deteriorate due to actions to be taken by the United States," said Maki Sawada, a strategist at the Investment Content Department of Nomura Securities Co. The ongoing Middle East conflict could have a negative influence on U.S.-Japan tariff negotiations, with Japan's chief negotiator pointing to the possibility of Washington becoming unable to devote time to holding talks with Tokyo, some brokers said. "I personally feel that the tariff negotiations may not go well" and prompt stocks to start falling, said Masahiro Yamaguchi, head of investment research at SMBC Trust Bank.


The Mainichi
a day ago
- The Mainichi
Tokyo stocks dip in morning amid uncertainty over Mideast conflict
TOKYO (Kyodo) -- Tokyo stocks edged down Friday morning, amid heightened uncertainty as the Israel-Iran conflict in the Middle East intensified. The 225-issue Nikkei Stock Average fell 42.77 points, or 0.11 percent, from Thursday to 38,445.57. The broader Topix index was down 8.23 points, or 0.29 percent, at 2,783.85. The U.S. dollar fell to the lower 145 yen range in Tokyo on selling following its three-week high in the upper 145 yen level overnight, dealers said. At noon, the dollar fetched 145.24-26 yen compared with 145.68-73 yen at 4 p.m. in London and 145.39-41 yen in Tokyo at 5 p.m. Thursday. The euro was quoted at $1.1517-1521 and 167.27-35 yen against $1.1461-1462 and 166.64-68 yen in Tokyo late Thursday afternoon. U.S. markets were closed Thursday for a public holiday. In the stock market, investors refrained from trading actively amid uncertainty over whether Israel and Iran will seek a diplomatic solution, with U.S. President Donald Trump saying he will decide within two weeks whether to strike Tehran, brokers said. "Investors were finding it difficult to tilt their positions to either buy or sell as it is unclear whether the situation in the Middle East will peak out or deteriorate due to actions to be taken by the United States," said Maki Sawada, a strategist in the Investment Content Department of Nomura Securities Co.


The Mainichi
a day ago
- The Mainichi
Tokyo stocks open mixed on Middle East tensions, firm tech shares
TOKYO (Kyodo) -- Tokyo stocks opened mixed Friday as selling on concern over intensifying tensions in the Middle East was offset by buying of heavyweight technology shares. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 105.39 points, or 0.27 percent, from Thursday to 38,593.73. The broader Topix index was down 0.30 point, or 0.01 percent, at 2,791.78. On the top-tier Prime Market, gainers were led by pulp and paper, and securities house issues, while farm and fishery, and electric power and gas shares were the main decliners. At 9 a.m., the U.S. dollar fetched 145.22-26 yen compared with 145.68-73 yen at 4 p.m. in London and 145.39-41 yen in Tokyo at 5 p.m. Thursday. The euro was quoted at $1.1510-1513 and 167.17-20 yen against $1.1461-1462 and 166.64-68 yen in Tokyo late Thursday afternoon. U.S. markets were closed Thursday for a public holiday.