TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Tokyo stocks open 1.67% lower

Tokyo shares opened 1

The Jakarta Post
Tokyo, Japan
Wed, September 2, 2015

Share This Article

Change Size

Tokyo stocks open 1.67% lower

Tokyo shares opened 1.67 percent lower on Wednesday after Wall Street tumbled on weak China data.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange fell 303.88 points to 17,861.81.

In New York, stocks lost nearly three percent Tuesday after China's official purchasing managers' index fell to its lowest level in three years in August, suggesting the manufacturing sector was contracting.

Losses were especially heavy in shares of banks and oil companies, but the sell-off also extended to tech giants like Amazon and Apple.

At the closing bell the Dow Jones Industrial Average was down 2.84 percent, while the broader S&P 500 lost 2.96 percent and the Nasdaq Composite gave up 2.94 percent.

In the forex market, the dollar was at 119.61 yen in Tokyo, up from 119.51 yen in New York late Tuesday.

The euro traded at $1.1299 and 135.16 yen, compared with $1.1313 and 135.20 yen in US trade.

{

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.