Tokyo stocks News

The broader Tokyo Stock Price Index (TOPIX) also declined, closing 68.27 points, or 2.45 percent, lower at 2,720.39, Xinhua news agency reported. 

Technical analysts here said that as the yen continued to ease against the US dollar during trading hours investors` risk appetite returned.

The Nikkei 225 index, which has risen for the past 10 consecutive sessions, edged up 0.49 percent, or 104.60 points, to 21,360.16 in early trade.

Equity investors froze at the prospect of a tight finish to the US presidential race, with the US S&P 500 sliding for the ninth straight session, its longest fall since 1980.

Tokyo stocks sank on a strong yen as traders await central bank meetings in Japan and the United States this week, while other Asian markets fluctuated following a negative lead from Wall Street.

Asian markets mostly fell Tuesday as a week-long rally finally came to an end with traders cashing in profits and awaiting developments in Britain`s preparation to leave the European Union after last month`s exit vote.

Asian markets rose for a second day Wednesday on hopes that authorities will unveil fresh stimulus to counter the effects of Britain`s shock vote to leave the European Union.

Asian stock markets resumed their losses Tuesday morning, extending another sharp sell-off in Europe and New York that was fuelled by Britain`s shock decision to tear itself away from the EU.

Early notable advancers comprised nonferrous metal, construction as well as glass and ceramic product-linked shares. 

Tokyo stocks soared at the start on Wednesday, extending a global rally as investor sentiment brightened on improved US economic data.

Japan`s economy contracted in the last quarter of 2015, official data showed Monday, dealing another blow to Prime Minister Shinzo Abe`s faltering bid to kickstart the world`s number three economy.

The broader Topix index of all first-section shares jumped 5.86 percent, or 70.08 points, to 1,266.36.

Markets here were closed on Monday for a national holiday.

Tokyo stocks opened 0.51 percent lower on Monday, following falls on Wall Street as a solid US jobs report raised expectations that the Federal Reserve will soon hike interest rates.

Tokyo stocks opened 0.81 percent higher on Friday, backed by gains on Wall Street and a breather in the yen`s rise against the dollar.

Despite increasing worries about Athens` future, the euro managed to tick up against the dollar and yen as traders await the outcome of policy meetings at the US Federal Reserve and Japanese central bank.

Toyota closed up 0.86 percent at 8,394.0 yen and factory robotics maker Fanuc rose 0.84 percent to 26,330.0 yen while Japan`s biggest bank Mitsubishi UFJ slipped 0.21 percent to 890.0 yen.

The three main indexes in New York enjoyed one of their best days for weeks, snapping a four-day sell-off, thanks to a surge in banks and technology stocks as well as optimism over the Greek debt crisis.

Asian shares made a tentative rebound from three-month lows on Wednesday though the spectre of higher borrowing costs in the United States and concerns about the apparent lack of progress in talks between Greece and its creditors sapped confidence.

The Nikkei 225 index at the Tokyo Stock Exchange was down 164.25 points at 20,292.94 by the break, while the Topix index of all first-section shares slipped 0.84 percent, or 14.04 points, to 1,647.95.