Tokyo stocks open slightly lower

Tokyo - Tokyo stocks opened slightly lower Monday with little trading incentives.

The Nikkei 225 Stock Average edged down 8.43 points, or 0.06 per cent, to 13,229.46.

The broader Topix index of all first-section issues was also down 0.35 points, or 0.03 per cent, to 1,297.53.

Market analysts said that investors who expect little from the Group of Eight summit meeting being held in Toyako, Japan, retreated to the sidelines Monday.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 106.73-78 yen, up from Friday's 5 pm quote of 106.72-75 yen.

The euro was quoted at 1.5692-97 dollars, down from Friday's 5 pm quote of 1.5715-18 dollars, and at 167.53-58 yen, down from 167.74-78 yen. (dpa)

Business News: 
Regions: