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Tokyo stocks retreat in morning on falling oil prices, China data

Xinhua, January 19, 2016 Adjust font size:

Tokyo stocks retreated Tuesday morning as falling oil prices and data showing that China's economic growth had slowed caused jitters among investors about the outlook for the global economy.

The 225-issue Nikkei Stock Average lost 121.44 points, or 0.72 percent, from Monday to 16,834.13, while the broader Topix index of all First Section issues on the Tokyo Stock Exchange dropped 11.20 points, or 0.81 percent, to 1,376.73.

Notable decliners by the break comprised banks, other financial-related issues and foods. Enditem