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Tokyo stocks open mixed on US car tariff concerns, firm bank issues
MAINICHI
| Februari 19, 2025
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TOKYO (Kyodo) -- Tokyo stocks were mixed early Wednesday, as selling of automaker shares on concern over the impact of proposed U.S. tariffs on imported cars was offset by buying of bank issues on rising long-term yields in Japan.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 52.36 points, or 0.13 percent, from Tuesday to 39,218.04. The broader Topix index was up 0.93 point, or 0.03 percent, at 2,776.44.
On the top-tier Prime Market, gainers were led by marine transportation, pulp and paper, and bank shares. The main decliners were precision equipment, rubber product, and pharmaceutical issues.
At 9 a.m., the U.S. dollar fetched 151.92-93 yen compared with 152.02-12 yen in New York and 152.05-06 yen in Tokyo at 5 p.m. Tuesday.
The euro was quoted at $1.0448-0449 and 158.70-75 yen against $1.0440-0450 and 158.87-97 yen in New York, and $1.0463-0464 and 159.10-14 yen in Tokyo late Tuesday afternoon.
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