Tokyo stocks open lower on weak machinery orders data

Xinhua

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Tokyo stocks opened lower on early Wednesday morning, with investor sentiment undermined by Japan's weaker-than-expected core machinery orders data for July released before the opening quotation.

At 9:15 a.m. local time, the 225-issue Nikkei Stock Average was down 75.76 points, or 0.48 percent, from Tuesday to 15,673.39.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange lost 2.07 points, or 0.16 percent, to 1,297. 55.

Major decliners included nonferrous metal, pulp and paper as well as communications issues.