Japanese stock market opens lower as trading resumes after quake

Electric power companies lead losses, while construction companies gain

20240104 market

The Nikkei stock index is seen during a ceremony marking opening of the trading on Jan. 4. (Photo by Sae Kamae)

LISA KIM, Nikkei staff writer

TOKYO -- Japanese stocks fell on Thursday morning as the country resumed trading after the New Year's holiday, led by losses for electric power companies following a deadly earthquake that struck central Japan.

The benchmark Nikkei Stock Average was at one point down 770.99 points, or 2.3%, at 32,693.18 in morning trading. The broader Tokyo Stock Price Index was down 1.3% at 2,335.58 at one point.

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