Tokyo stocks open lower

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Tokyo, April 7 (IANS) Tokyo stocks opened lower on Thursday as the US Federal Reserve’s latest policy minutes reminding investors a rate hike would not be imminent, sent the yen higher versus the greenback.

As of 9.15 a.m. (local time), the 225-issue Nikkei Stock Average lost 18.32 points, or 0.12 percent, from Wednesday to 15,697.04, Xinhua news agency reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange meanwhile, retreated 1.98 points, or 0.16 percent, to 1,265.77.

Notable earlier decliners comprised retail, iron and steel, and insurance-linked stocks.

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