Tokyo's Nikkei Index Opens Slightly Lower 18 October 2018
Rukhshan Mir (@rukhshanmir) Published October 18, 2018 | 10:54 AM
Tokyo's benchmark Nikkei index opened slightly lower on Thursday after falls on Wall Street, with a stable yen offering some support to exporters.
Tokyo, (UrduPoint / Pakistan Point News - 18th Oct, 2018 ) :Tokyo's benchmark Nikkei index opened slightly lower on Thursday after falls on Wall Street, with a stable Yen offering some support to exporters.
The Nikkei 225 index was down 0.12 percent or 26.70 points at 22,814.42 in early trade, while the broader Topix index was up 1.14 percent or 2.48 points at 1,716.35.
The Dollar fetched 112.63 yen in early Asian trade against 112.59 yen in New York.
The US Federal Reserve's minutes helped US yields edge up, creating a trend for the yen's decline which "will be a tailwind" for Japanese exporters, Okasan Online Securities said in a commentary.
The US Treasury's decision in a report on Wednesday to avoid calling China a Currency manipulator also offered investors some relief, analysts said.
In Tokyo, Takeda Pharmaceutical was up 0.88 percent at 4,702 yen and game giant Nintendo was up 0.48 percent at 39,960 yen while market heavyweight and Uniqlo casual wear operator Fast Retailing was down 0.79 percent at 56,180 yen.
In New York, the Dow ended down 0.4 percent at 25,706.68.
Recent Stories
PM vows to work for country along with students
US ambassador meets Senate Chairman, discusses bilateral ties
UHS to issue MBBS degrees within three months after final result
Aiman Khan granted UAE Golden Visa
PSX achieves significant milestone, surpasses 72,000 mark
Pak Vs NZ T20I: Orphaned children extended special invitation to watch match
Finance Minister lauds UNDP’s unwavering support during floods
President Raisi leaves for Iran from Karachi
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 24 April 2024
Today Gold Rate in Pakistan 24 April 2024
Punjab CM inaugurates Pakistan’s first Virtual Women Police Station
Dutch model Donny Roelvink embraces Islam
More Stories From Business
-
SECP pushes adoption of IFRS 17 by Insurance sector
4 minutes ago -
PSX turns bullish, gains 692 more points
5 minutes ago -
RTO Peshawar makes historic seizure of illegal cigarettes worth Rs 162.6 mln
24 minutes ago -
LCCI for deferment of SROs hurting businesses
25 minutes ago -
Three schemes approved
34 minutes ago -
PCJCCI keen to boost Peach industry in Swat
44 minutes ago
-
IPO to celebrate World Intellectual Property day on 26th April
54 minutes ago -
Iranian president's visit to help ensure mutual prosperity: state minister
2 hours ago -
Soyabean, palm oil imports grew 53.07%, 28.55% in 09 months
2 hours ago -
Gold rates up by Rs.1,100 per tola to Rs.242,000
2 hours ago -
Shipping activity at Port Qasim
3 hours ago -
PSX achieves significant milestone, surpasses 72,000 mark
4 hours ago