NIKKEI 225 : PRICE ACTION ANALYSIS | NEW SWING SHORT SCENARIO ⭐️

TOKYO (Kyodo) -- Tokyo stocks opened lower Tuesday, with the Nikkei index briefly falling below the 25,000 line for the first time since November 2020, on growing concern over the economic impact of rising crude oil prices amid Russia's military action in Ukraine.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average fell 230.00 points, or 0.91 percent, from Monday to 24,991.41. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 16.67 points, or 0.93 percent, at 1,777.36.

Decliners were led by air transportation, oil and coal product, and iron and steel issues.

At 9 a.m., the dollar fetched 115.36-39 yen compared with 115.25-35 yen in New York and 115.01-03 yen in Tokyo at 5 p.m. Monday.

The euro was quoted at $1.0864-0868 and 125.33-41 yen against $1.0848-0858 and 125.12-22 yen in New York and $1.0870-0872 and 125.02-06 yen in Tokyo late Monday afternoon.