Tokyo stocks drop from the bell as investors take profits

Tokyo stocks opened lower on Tuesday as following the market's surge a day earlier as the yen fell following hawkish remarks from the U.S. Federal Reserve, investors opted to secure gains.

As of 9:15 a.m. local time, the 225-issue Nikkei Stock Average lost 40.56 points, or 0.24 percent, from Monday to 16,696.93.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 3.31 points, or 0.25 percent, to 1,309.93.

Notable early issues that lost ground comprised land transportation, information and communication, and retail-linked issues.

Source : XINHUA