Tokyo stocks fall ahead of U.S. Fed policy statement.TOKYO, Nov. 4 Kyodo Tokyo stocks opened lower Wednesday after a mixed performance on Wall Street, with investors cautiously awaiting the results of a two-day U.S. Federal Open Market Committee meeting. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average Nikkei stock average Applies mainly to international equities. Price-weighted average of 225 stocks of the first section of the Tokyo Stock Exchange started on May 16, 1949. Japanese equivalent of the US Dow. lost 25.78 points, or 0.26 percent, to 9,777.17 from Monday's three-week closing low. Japanese markets were closed Tuesday, a national holiday. The broader Topix index of all First Section issues on the Tokyo Stock Exchange Tokyo Stock Exchange Main stock market of Japan, located in Tokyo. It opened in 1878 to provide a market for the trading of government bonds newly issued to former samurai. was down 3.86 points, or 0.44 percent, to 876.68. The Second Section advanced. Decliners were led by insurance, metal product and real estate shares. Major gainers included the consumer finance, nonferrous non·fer·rous adj. 1. Not composed of or containing iron. 2. Of or relating to metals other than iron. nonferrous Adjective 1. metal, and oil and coal product sectors. Though some resource-related shares advanced on surging gold prices, the overall market was shrouded shroud n. 1. A cloth used to wrap a body for burial; a winding sheet. 2. Something that conceals, protects, or screens: under a shroud of fog. 3. a. by a tentative mood as investors await AWAIT, crim. law. Seems to signify what is now understood by lying in wait, or way-laying. the FOMC's statement later Wednesday on its assessment of the U.S. economy and any change in its ultra-loose monetary policy, brokers said. |
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