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Tokyo opens in the red
(CNN) -- Japanese stocks are in the red in early trade Monday, following Wall Street's lower close on Friday. Stocks in Australia, South Korea and New Zealand are also down, though falls are muted. Taiwan is continuing to set fresh 14-month highs. The Nikkei 225 average is down 0.09 percent to 10,271.44 at mid-morning, with declines for some blue-chips. That comes after the Nikkei slipped 0.79 percent in Friday's session to end a four-day winning run. The broader Topix index is off 0.33 percent to 1001.86. Investors are buying some tech-related stocks such as Advantest following an upbeat forecast from U.S. chip giant Intel last week. Advantest, which makes chip testing devices, is 2 percent higher to 7610 yen and Tokyo Electron is up 1.3 percent to 7690 yen. Consumer electronics leader Sony is flat at 3850 yen and mobile phone giant NTT DoCoMo is 1.3 percent higher at 315,00 yen. But big automaker Honda is down 2.5 percent to 4730 yen and market leader Toyota is almost 1 percent lower to 3270 yen. In Australia, the S&P/ASX is down 0.06 percent to 3182.4. News Corp is slightly in the red at A$12.55, while there are modest gains for Telstra and resources giant BHP Billiton. Big retailer Woolworths, which posted a full year net profit of A$609.5 million, is unchanged at A$12.03. In Seoul, the Kospi is down 0.07 percent to 754.24. Hyundai Motor is down 2 percent to 38,200 won and Samsung Electronics has eased slightly from its record highs of last week to 445,550 won. In Taiwan, the Taiex is up 0.33 percent to 5665.03. On Friday, Wall Street eased, with the Dow Jones industrial average closing 0.79 percent lower at 9348.87 and the tech-heavy Nasdaq dipping 0.69 percent to 1765.32.
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