Tokyo stocks open lower

Tokyo, March 7 (IANS) Tokyo stocks opened lower on Monday as investors opted early on to lock in gains after the market’s recent winning streak.

As of 9.15 a.m., the 225-issue Nikkei Stock Average dropped 43.21 points, or 0.25 percent, from Friday to 16,971.57 points.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 8.00 points, or 0.58 percent, to 1,367.35.

Early sectors that lost ground comprised insurance, electric power and gas, and food-linked shares.

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