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Tokyo stocks open lower ahead of long weekend

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Tokyo

Tokyo stocks opened lower in cautious trade ahead of a long weekend, with continued worries about rising coronavirus cases. The benchmark Nikkei 225 index was down 0.60 percent or 152.94 points at 25,481.40 in early trade, while the broader Topix index slipped 0.38 percent or 6.50 points to 1,719.91. “Trade is seen dominated by a wait-and-see attitude ahead of three days of holidays, after modest gains in the US market,” senior market analyst Toshiyuki Kanayama of Monex said in a commentary. Wall Street stocks snapped a two-session skid as optimism over revived US stimulus talks countered worries about higher coronavirus cases. —AFP

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