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rdf:type	schema:NewsArticle
schema:articleBody	Tokyo shares opened lower Wednesday despite overnight gains on Wall Street, as investors searched for new incentives amid the yen's rise, US-China tensions and stalled talks on new US stimulus. The Nikkei 225 index fell 0.38 percent, or 87.24 points, to 22,963.84, and the broader Topix index lost 0.35 percent, or 5.62 points, to 1,605.23. "We expect the market to stay directionless," Okasan Online Securities said in a note. "The financial markets are filled with factors that encourage a wait-and-see stance." The dollar stood at 105.13 yen, compared to 105.40 yen in New York and 105.57 yen in Tokyo Tuesday. A weaker dollar and a higher yen usually weigh on the Tokyo market. Technical charts also indicate a lack of robust upward momentum, Okasan said. The US markets gained overnight, with the S&P 500 and the Nasdaq edging up to record closes, although the Dow slipped. Okasan said the performance of US shares was "so-so," and said the Tokyo market's overall trading value has remained thin. "The corporate earnings season is over, and the market has for now seen all there is to see," Okasan said. Shortly before the market opened, the government said Japan's exports in July plunged 19.7 percent from a year ago, marking the 20th straight monthly fall, led by automobile and auto parts. Meanwhile, imports fell 22.3 percent, their 15th straight monthly fall, largely due to falling values of energy products such as oil, gas and coal. Exports to the US and Europe saw double-digit falls, but China-bound exports rose 8.2 percent, their first rise in eight months, driven by non-ferrous metal, semiconductor making tools and automobiles. Among major shares in Tokyo, SoftBank Group rose 1.99 percent to 6,317. Nintendo added 0.64 percent to 53,170. Fast Retailing, operator of Uniqlo, gave up earlier gains and fell 0.20 percent to 60,830 yen. Toyota lost 0.49 percent to 7,141 yen. hih/sah/hg
schema:headline	Tokyo shares open lower despite Wall Street gains
schema:mentions	Semiconductor S&P 500 Index World energy consumption Toyota Nintendo Coal United States dollar European Union New York City Non-ferrous metal Uniqlo Automotive industry Fast Retailing The Nikkei SoftBank Group Economy of Japan NASDAQ Composite Momentum Japanese yen Tokyo Stock Exchange
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-08-19 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	44 (xsd:integer)

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