Tokyo stocks drop in morning on profit-taking after Nikkei's 30-year high

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TOKYO, Jan. 18 (Xinhua) -- Tokyo stocks lost ground Monday morning as investors continued to opt for profits after a poor showing on Wall Street late last week and the Nikkei reaching a fresh 30-year high.

The 225-issue Nikkei Stock Average dropped 236.44 points, or 0.83 percent, from Friday to 28,282.74.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 9.14 points, or 0.49 percent, at 1,847.47.

Mining, marine transportation, and oil and coal product-linked issues comprised those that declined the most by the morning break. Enditem

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