Tokyo stocks open lower on profit-taking

Tokyo stocks open lower on profit-takingTokyo - Tokyo stocks opened lower Tuesday as investors sold shares to lock in profits from the previous day's gains.

The Nikkei 225 Stock Average, which ended nearly 2 per cent higher Monday, was down 0.71 per cent in morning trading, or 95.04 points, to 13,335.87.

The broader Topix index of all first-section issues was also down 2.34 points, or 0.18 per cent, at 1,277.66.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 110.11-13 yen, up from Monday's 5 pm quote of 109.83-85 yen.

The euro was quoted at 1.4910-15 dollars, down from Monday's 5 pm quote of 1.5033-34 dollars, and at 164.20-25 yen, down from 165.11-15 yen. (dpa)

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