Tokyo stocks opened lower Friday as investors locked in gains after the previous day’s rises, with technology shares tracking losses among their U.S. counterparts and higher crude oil prices weighing on the broader market.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 1,537.99 points, or 2.13 percent, from Thursday to 70,828.35. The broader Topix index was down 26.31 points, or 0.66 percent, at 3,990.16.
On the top-tier Prime Market, the main decliners were information and communication, electric appliance and nonferrous metal issues.
At 9 a.m., the U.S. dollar fetched 161.80-81 yen compared with 161.74-84 yen in New York and 161.81-82 yen in Tokyo at 5 p.m. Thursday.
The euro was quoted at $1.1361-1362 and 183.83-85 yen against $1.1365-1375 and 183.94-184.04 yen in New York and $1.1359-1360 and 183.81-85 yen in Tokyo late Thursday afternoon.
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