Tokyo stocks open lower on profit-taking

Tokyo stocks open lower on profit-takingTokyo  - Tokyo stocks opened lower Tuesday as investors sold stocks to lock in profits from recent gains.

The Nikkei 225 Stock Average fell 153.74 points in morning trading, or 1.12 per cent, to 13,542.81.

The broader Topix index of all first-section issues was also down 18.52 points, or 1.39 per cent, at 1,312.99.

On currency markets at 9 am (0000 GMT), the dollar traded at 103.16-19 yen, down from Monday's 5 pm quote of 103.31-34 yen.

The euro was quoted at 1.5910-15 dollars, up from Monday's 5 pm quote of 1.5878-81 dollars, and at 164.16-21 yen, up from 164.07-11 yen. (dpa)

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