TOKYO: Tokyo stocks started 0.42 per cent lower Thursday as the yen edged up against the dollar ahead of the US blessing holiday.
The Nikkei 225 index at the Tokyo Stock Exchange was down 73.09 points to 17,310.49 at the start.
Japanese shares are likely to trade in a narrow range Thursday, with US markets closed for the Thanksgiving holiday and open for shortened trading hours on Friday, traders said.
“The lack of a US market influence will sap much of the energy from Japan stock trading, which itself is lacking incentives now that earnings reporting season is essentially over,” said Mutsumi Kagawa, senior global strategist at Tokai Tokyo Research Center.
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