TOKYO: Japanese stocks lost early gains to slip 0.58 percent on Wednesday morning, as tech firms took a hit with factory robotics giant Fanuc plunging almost 12 percent after cutting its profit forecast.
The Nikkei 225 index at the Tokyo Stock Exchange fell 117.93 points to 20,210.96, while the broader Topix index of all first-section shares eased 0.14 percent, or 2.22 points, to 1,627.24.
The Nikkei opened 0.48 percent higher after US shares snapped a five-day losing streak with positive earnings from UPS and a big rally in petroleum-linked stocks.
But the index quickly fell into negative territory, as the dollar eased to 123.38 yen from 123.56 yen in New York.
