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Tokyo stocks edge down in morning as yen climbs, oil prices drop

Xinhua, February 17, 2016 Adjust font size:

Tokyo stocks reversed early gains Wednesday morning as a fall in oil prices and the yen's rise against the U.S. dollar resulted in a slump in sentiment.

The 225-issue Nikkei Stock Average edged down 26.17 points, or 0.16 percent, from Tuesday to 16,028.26.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, shed 1.89 points, or 0.15 percent, to 1,295.12.

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