8 May 2001, 09:56  Japan Stocks: Open lower on disappointment over stock-buying body

Tokyo, May 8 (BridgeNews) - Share prices opened lower Tuesday with sentiment dampened by news that the government-backed body to purchase banks' cross shareholdings is unlikely to be introduced during the current session. Most sectors saw selling with banking and telecom issues leading the losses. At 0915 JT, the Nikkei 225 Stock Average was down 1.5%, or 214.56 points to 14,314.85.

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