Tokyo shares started the day with a mix of gains and losses on Wednesday, as selling pressure following declines on Wall Street overnight was counterbalanced by purchases driven by optimism about reduced trade tensions between the United States and China.
During the initial 15 minutes of trade, the Nikkei 225-share average dropped by 43.78 points, equivalent to a decrease of 0.12%, reaching 36,786.91 from the previous day’s close. Meanwhile, the more comprehensive Topix index climbed by 1.98 points, marking an increase of 0.07% to stand at 2,689.76.
The Japanese markets remained closed on Monday and Tuesday due to public holidays.
At the high-end Prime Market, leaders among gaining stocks included sectors like air transportation and insurance, whereas pharmaceuticals and transportation equipment saw declines.
At 9 a.m., the U.S. dollar was trading at 143.08-10 yen, up from 142.36-46 yen in New York at 5 p.m. on Tuesday.
The euro was trading at $1.1338-1342 and 162.22-30 yen compared to $1.1361-1371 and 161.95-162.05 yen in New York late Tuesday afternoon.
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