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Tokyo stocks end mixed as exporters on weak yen trim losses

0 Comment(s)Print E-mail Xinhua, April 11, 2024
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TOKYO, April 11 (Xinhua) -- Tokyo stocks ended mixed on Thursday as technology issues fell after overnight declines on their U.S. counterparts, while the yen's depreciation supported export-oriented issues.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down by 139.18 points, or 0.35 percent, from Wednesday at 39,442.63.

The broader Topix index, meanwhile, finished 4.17 points, or 0.15 percent, higher at 2,746.96.

Stocks were mostly in negative territory in the morning, tracking overnight losses on Wall Street. But there was the buying of some export-oriented issues in hopes of an upward revision in profits following the yen's depreciation, analysts said.

On the top-tier Prime Market, the decliners were led by real estate and precision instrument issues, while miners, and oil and coal product issues led the gainers. Enditem

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