TOKYO -- The Tokyo stock market reopened for 2023 with prices on a decline, snubbing the old Japanese market aphorism that stock prices "jump" in the Year of the Rabbit.
Stock prices remained low throughout Wednesday, with the benchmark Nikkei Stock Average closing with a fall of 1.5% from the final trading day of 2022. At one point in the morning, the benchmark dropped 432.61 points, or 1.7%, from Friday to 25,661.89.
