Tokyo stocks decline as yen's rise, BOJ concerns dent sentiment

Tokyo stocks reversed earlier gains closing at more than a three month low as the yen's rise against the U.S. dollar coupled with anxiety the central bank will hold off on further easing dented sentiment.

The 225-issue Nikkei Stock Average lost 93.84 points, or 0.54 percent, from Thursday to close the week at 17,147.11.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 4.10 points, or 0.29 percent, to end the day at 1,402.45.

Notable decliners comprised insurance, securities, and agriculture and fishery-linked stocks, with the day's turnover totaling 2,490.5 billion yen (21.15 billion U.S. dollars). Enditem