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Tokyo stocks retreat in morning on slumping U.S. shares, falling oil prices

Xinhua, December 8, 2015 Adjust font size:

Tokyo stocks lost ground Tuesday morning as investor sentiment was dashed following a slump on Wall Street overnight triggered by falling prices of crude oil, although losses were capped by the government upwardly revising GDP data here to positive growth.

The 225-issue Nikkei Stock Average dropped 203.17 points, or 1.03 percent, from Monday to end the morning at 19,494.98, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange fell 16.23 points, or 1.02 percent, to finish the morning at 1,568.98.

Notable decliners by the break comprised mining, oil and coal products and iron- and steel-linked shares. Enditem