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Tokyo stocks open mixed on weak tech issues, bargain-hunting
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TOKYO (Kyodo) -- Tokyo stocks opened mixed Tuesday as technology shares tracked overnight falls by their U.S. counterparts, while investors hunted for bargains following three consecutive days of declines.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 150.91 points, or 0.39 percent, from Friday to 39,039.49. The broader Topix index was up 0.67 point, or 0.02 percent, at 2,714.79.
Japanese markets were closed Monday for a national holiday.
On the top-tier Prime Market, decliners were led by marine transportation and retail issues, while oil and coal product, and mining issues led gainers.
At 9 a.m., the U.S. dollar fetched 157.31-32 yen compared with 157.43-53 yen in New York at 5 p.m. Monday.
The euro was quoted at $1.0263-0265 and 161.42-54 yen against $1.0240-0250 and 161.25-35 yen in New York Monday afternoon.
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