Tokyo stocks dip on concerns over US financial sector

Tokyo stocks dip on concerns over US financial sector Tokyo  - The Tokyo market ended morning trading lower Monday on worries about the US financial sector.

The benchmark Nikkei 225 Stock Average dipped 57.91 points, or 0.81 per cent, to 7,115.19.

The broader Topix index of all first section issues was also down 10.22 points, or 1.42 per cent, to 711.17.

On currency markets at 9 am (0000 GMT), the dollar traded at 97.94-99 yen, up from Friday's 5 pm quote of 97.35-37 yen.

The euro traded at 1.2712-17 dollars, up from late Friday's quote of 1.2694-96 dollars, and at 124.53-58 yen, up from 123.58-62 yen. (dpa)

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