Tokyo stocks open flat following global sell-off amid trade tensions

©Kyodo News

Tokyo stocks opened flat Wednesday, as buying stirred by recent declines was offset by selling on escalating trade tensions between the United States and China that had sparked a sell-off around the globe.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 14.82 points, or 0.07 percent, from Tuesday to 22,293.30. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 2.71 points, or 0.16 percent, to 1,741.21.

Gainers were led by food, pharmaceutical and retail issues while marine transportation, iron and steel, and nonferrous metal issues led decliners.