Tokyo shares open lower after US strike on Afghanistan: HumSub.TV
Tokyo shares open lower after US strike on Afghanistan: HumSub.TV: Tokyo shares opened lower Friday on rising geopolitical fears after the US military dropped a massive bomb in Afghanistan, adding to global tensions over the Middle East and the Korean peninsula.
The weak start followed overnight losses on Wall Street, where investors sold shares to reduce risks, as the Pentagon announced it dropped the largest non-nuclear bomb ever deployed in combat, targeting an Islamic State complex.
President Donald Trump called the mission “very, very successful,” but the announcement drove down US equities, as it added to concerns among investors already wary of risks over Syria and North Korea, as well as the outcome of the French presidential election.
Tokyo’s benchmark Nikkei 225 index fell 0.11 percent, or 19.66 points, to 18,407.18 in first minutes of trading, while the Topix index of all first-section issues lost 0.49 percent, or 7.18 points, to 1,461.13.
The dollar bought 109.14 yen, flat from New York, where the Dow Jones Industrial Average and the S&P500 both ended down 0.7 percent.
“The Japanese market was expected to face selling pressure from early trading as investors become wary of renewed geopolitical risk after the US air raid over Afghanistan,” said Okasan Online Securities in a note to clients.
The latest US assault came only a week after Trump ordered missile strikes against Syria in retaliation for a suspected chemical attack.
The succession of military strikes came as the world focuses on North Korea, which will mark the 105th birth anniversary of the regime’s late founder Kim Il-Sung on Saturday, amid reports that Pyongyang was preparing another nuclear test..
“North Korea is a problem, the problem will be taken care of,” Trump told reporters Thursday.
With European and US markets going into a long weekend, it was difficult for Tokyo investors to buy up shares, Okasan added.
Among major shares in Tokyo, Sony fell 0.73 percent to 3,421 yen, while Toyota dropped 0.26 percent to 5,716 yen.
But Uniqlo operator Fast Retailing rose 1.35 percent to 35,330 after reporting strong earnings Thursday.
Tokyo shares open lower after US strike on Afghanistan: HumSub.TV
About HumSub TV
Introduction
HumSub TV is Pakistan’s leading forwarding-thinking, edutainment channel, aimed at promoting and upholding peace, interfaith harmony and social responsibility within Pakistan through informative and insightful programmes and documentaries; analytical interviews on issues pertaining to social, economic, legal and environmental set-up; dedicated shows to canvass and thereby promote the culture and heritage of Pakistan and in-depth coverage of national and international news.
HumSub TV is the first channel and thus a pioneer within its own right that mainly focuses on emphasising the “Rights” as well as the “Obligations” of the citizens in light of the Constitution of Pakistan, numerous International declarations signed by the Government and various laws that have been promulgated over the years but are not in the knowledge of the common citizen.
HumSub TV also aims to enter into bilateral agreements with other countries to promote not only their culture, heritage and tourism, but also their educational and medical facilities.
Following the successful launch of HumSub TV’s head office in Blue Area, Islamabad; the bureau office has been set up in Lahore.
Vision
To project positive image building of Pakistan and inculcate nationalism, as per the vision of the founder of the nation, Quaid-e-Azam Mohammad Ali Jinnah.
Mission
HumSub TV is resolute about the promotion of a pluralistic, inclusive and egalitarian society in Pakistan where all citizens are allowed to contribute to promote interfaith harmony, peace and collective wisdom in the social, political and economic development of Pakistan and to encourage critical and lateral thinking in the society. HumSub TV strives to make a positive contribution to this end.
HumSub TV’s Theme
HumSub TV, Pakistan’s first EDUTAINMENT Channel, has been set up for not only those audience residing in Pakistan or overseas but the international community on the whole. The vision of the channel is to project positive image building of Pakistan and inculcate nationalism as per the vision of the founder of the nation.
HumSub TV strives to make a positive contribution to this end by promoting pluralism, inclusiveness and egality in Pakistan and give voice to the suppressed. It endeavors to act as a positive catalyst for social change and Pakistani nationalism. It envisions providing a platform for airing critical and lateral thinking and collective wisdom by inviting positive minded intellectuals and opinion forming individuals for the promotion of interfaith harmony and peace in the social, political and economic development of Pakistan.
Whereas the channel airs upbeat edutainment programmes, it, nonetheless, has the primary objective of countering negative anti-Pakistan regional and international propaganda as well as advancing fundamental rights as encapsulated in the Constitution of Pakistan.
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