Tokyo stocks open flat in thin holiday trade, many Asian markets closed

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.5 percent while Japan's Nikkei dropped 1.4 percent to near-two-month lows, with financials coming under pressure. (A pedestrian walks past a stock markets indicator board in Tokyo, Japan, 05 April 2016. - EPA)

TOKYO: Tokyo stocks opened flat on Monday in quiet holiday trading following a three-day weekend, as investors cashed in on recent rallies.

In early Asian trade, the dollar edged down to 117.29 yen from 117.31 yen in New York late Friday