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Tokyo stocks close lower on geopolitical concerns

Xinhua, November 25, 2015 Adjust font size:

Tokyo stocks ended lower Wednesday bringing an end to five straight days of closing highs as geopolitical tensions following Turkey's downing of a Russian jet a day earlier saw investors in a risk off mood and seeking out safe havens.

The 225-issue Nikkei Stock Average lost 77.31 points, or 0.39 percent, from Tuesday to close at 19,847.58, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange fell 11.27 points, or 0.70 percent, to finish at 1,594.67.

Notable decliners comprised securities, financing business and banking-related shares.

The turnover was 2,189.1 billion yen (17.88 billion U.S. dollars). Endit