Tokyo stocks open mixed

Tokyo: Tokyo stocks opened mixed on Monday as buying on the back of Wall Street’s rise late last week was countered by selling on concern over Italy’s deficit-widening budget plan.

The 225-issue Nikkei Stock Average added 101.68 points, or 0.42 per cent, from Friday to 24,221.72, Xinhua reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 2.71 points, or 0.15 per cent, at 1,814.54.

Pulp and paper, consumer credit, and food issues led gainers, while nonferrous metal, transportation equipment, and land transportation issues comprised those that declined the most in the opening minutes after the morning bell.