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Supply Chain Risk

Tokyo stocks mixed in early trade on higher US shares, strong yen

Tokyo Stock Exchange (Kyodo)


TOKYO (Kyodo) — Tokyo stocks were mixed in early trading Thursday as buying on overnight Wall Street gains was offset by selling due to the yen’s firmness against the U.S. dollar.


In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 55.46 points, or 0.25 percent, from Wednesday to 22,494.11. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 2.83 points, or 0.18 percent, at 1,554.40.


Gainers were led by information and communication, and securities brokerage issues while iron and steel, and real estate issues led decliners.


At 9 a.m., the dollar fetched 107.27-31 yen compared with 107.21-31 yen in New York and 107.47-49 yen in Tokyo at 5 p.m. Wednesday.


The euro was quoted at $1.1337-1338 and 121.63-67 yen against $1.1325-1335 and 121.45-55 yen in New York and $1.1288-1289 and 121.31-35 yen in Tokyo late Wednesday afternoon.

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