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Tokyo stocks fall in morning on strong yen, subdued mood

Xinhua, December 21, 2015 Adjust font size:

Tokyo stocks lost ground Monday morning as a stronger yen versus the U.S. dollar took its toll on exporter-linked issues, while the general market mood was subdued following steep declines in U.S. equities before the weekend.

The 225-issue Nikkei Stock Average lost 322.48 points, or 1.70 percent, from Friday to 18,664.32 at the break, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange fell 23.69 points, or 1.54 percent, to end the morning at 1,513.41.

Notable decliners by the break comprised pharmaceuticals, warehousing and precision instrument-related stocks. Endit