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tokyo_stockTOKYO: Tokyo stocks were mixed Tuesday morning after US and European markets fell amid uncertainty over talks on Greek debt.

 

The Nikkei 225 index at the Tokyo Stock Exchange eased 0.18 percent or 15.76 points to 8,913.44 by the break while the Topix index of all first-section issues gained 0.24 percent or 1.86 points to 771.71.

Investors were shifting their focus to the impasse in Greece after political leaders delayed their decision on addressing the nation's debt crisis, brokers said.

Since US stocks were not significantly down Monday, the Tokyo market would not weaken dramatically, said Mizuho Securities senior technical analyst Yutaka Miura.

He told Dow Jones Newswires that a wait-and-see mood would likely persist for the rest of the day, reflecting uncertainty over Greece.

Japan Tobacco jumped 5.18 percent to 405,500 yen after it Monday raised its net profit outlook for the year to March.

Suzuki Motor was down 1.32 percent to 1,781 yen after trimming its net profit view.

US stock markets closed in the red Monday as traders booked profits after last week's surge and looked warily at the lack of a deal between Greece and its bondholders.

The Dow Jones Industrial Average dipped 0.13 percent to reach 12,845.13.

 

Copyright AFP (Agence France-Presse), 2012

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