Tokyo shares open lower after falls in US tech stocks

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Tokyo shares opened lower on Thursday after the tech-rich US Nasdaq index fell following disappointing results from Microsoft and Google parent company Alphabet.

The benchmark Nikkei 225 index was down 0.12 percent, or 32.04 points, to 27,399.80 at the open, while the broader Topix index slipped 0.14 percent, or 2.72 points, to 1,915.49.

“The (Japanese) market will trade in a narrow range” after the Nasdaq tumbled 2.0 percent overnight, said Monex senior market analyst Toshiyuki Kanayama.

“Traders will keep an eye on the moves of US futures and other trends.”—APP

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