Tokyo stocks close lower as yen's rise spurs profit-taking
Xinhua, December 24, 2015 Adjust font size:
Tokyo stocks closed lower Thursday despite advancing earlier in the day, as the yen's rise against the U.S. dollar spurred some investors to secure profits ahead of the new year.
The 225-issue Nikkei Stock Average dropped 97.01 points, or 0.51 percent, from Tuesday to close at 18,789.69.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, relinquished 9.98 points, or 0.65 percent, to end the day at 1,523.62.
The day's notable decliners comprised air transport, pharmaceuticals and services-linked shares.
The turnover on Thursday was 1,936.2 billion yen (16.05 billion U.S. dollars).
Markets here were closed Wednesday for a national holiday. Endit