Friday, January 30, 2009

Tokyo stocks open sharply lower on corporate earnings

Special Report:Global Financial Crisis



TOKYO, Jan. 30 (Chinese media) -- Tokyo stocks opened sharply lower Friday after a

number leading companies announced dismal corporate earnings projections

Thursday.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average lost

234.56 points, or 2.84 percent, from Thursday to 8,016.68.

The broader Topix index of all First Section issues on the Tokyo Stock

Exchange was down 21.68 points, or 2.65 percent, to 796.79. The Second Section

also lost ground.



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