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Tokyo stocks open down as investors opt to lock in profits

Xinhua, January 30, 2017 Adjust font size:

Tokyo stocks dropped from the bell on Monday as investors opted to secure profits made after the market's recent run of closing highs.

As of 9:15 a.m., the 225-issue Nikkei Stock Average lost 97.79 points, or 0.50 percent, from Friday to 19,369.61.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 7.68 points, or 0.50 percent, to 1,541.57.

Notable early issues that declined comprised insurance, electric power and gas, and chemical-linked stocks. Endit