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Japanese stocks mixed at open, dollar rises vs yen

Japanese stocks mixed at open, dollar rises vs yen

Japanese stocks were mixed Tuesday morning after rising 1.4 percent the day before. The dollar was higher against the yen.The Nikkei 225 index fell 0.78 points _ negligible in percentage terms _ to 16,357.29 points on the Tokyo Stock Exchange shortly after open Tuesday.
On Monday, the index jumped 223.82 points, or 1.39 percent after government data showed capital investment spending by Japanese corporations rose 16.6 percent on year in the April-June quarter, suggesting second-quarter economic growth figures could be revised up.
The broader TOPIX, which includes all issues on the exchange's first section, rose 0.24 points, or 0.01 percent, to 1,649.56 Tuesday. The TOPIX added 15.97 points, or 0.98 percent, Monday.
Traders said that stocks may fall Tuesday as players locked in profits.
In currencies, the U.S. dollar was trading at 116.08 yen on the Tokyo foreign exchange market at 9 a.m. (0000 GMT) Tuesday, up from 115.89 yen late Monday in Berlin. The U.S. market was closed for Labor Day on Monday.
The euro fell to US$1.2858 from US$1.2863.
The yield on Japan's 10-year government bond was unquoted Tuesday morning. It finished at 1.6700 percent at 101.93 Monday.


Updated : 2021-10-20 09:35 GMT+08:00