Tokyo stocks fall as stronger yen hits exporters.TOKYO, Nov. 9 Kyodo Tokyo stocks opened lower Monday, with a stronger yen weighing on exporters. 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 41.77 points, or 0.43 percent, from Friday to 9,747.58. 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 5.74 points, or 0.66 percent, to 868.27. The Second Section also lost ground. Almost all the TSE's 33 industrial sectors fell, led by rubber product, mining and textile issues. The insurance, glass and ceramics ceramics (sərăm`ĭks), materials made of nonmetallic minerals that have been permanently hardened by firing at a high temperature, or objects made of such materials. , and service sectors were the only gainers. The U.S. dollar traded in the upper 89 yen range Monday morning, after falling in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of Friday as the October U.S. jobless job·less adj. 1. Having no job. 2. Of or relating to those who have no jobs. n. (used with a pl. verb) Unemployed people considered as a group. Used with the. rate shot up to 10.2 percent, its highest level in 26 years and six months. This prompted selling of Japanese exporter shares such as Toyota Motor and Canon, as investors fret about a stronger yen eroding exporter profits repatriated from overseas. |
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