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Tokyo stocks open mixed on firmer yen, US-Japan trade deal hopes

Tokyo stocks open mixed on firmer yen, US-Japan trade deal hopes

The Mainichia day ago

TOKYO (Kyodo) -- Tokyo stocks open mixed Thursday as exporter issue declines on a stronger yen were offset by buying on hopes for the conclusion of a trade deal between the United States and Japan.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 85.98 points, or 0.22 percent, from Wednesday to 38,335.21. The broader Topix index was up 1.74 points, or 0.06 percent, at 2,790.46.
On the top-tier Prime Market, top gainers were oil and coal product, and rubber product issues, while leading decliners were service, and iron and steel issues.
At 9 a.m., the U.S. dollar fetched 144.19-21 yen compared with 144.55-65 yen in New York and 145.12-14 yen in Tokyo at 5 p.m. Wednesday.
The euro was quoted at $1.1508-1510 and 165.93-99 yen against $1.1482-1492 and 166.02-12 yen in New York and $1.419-1420 and 165.72-76 yen in Tokyo late Wednesday afternoon.

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