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Tokyo stocks close lower on yen's rise, oil price drop

Xinhua, February 17, 2016 Adjust font size:

Tokyo stocks ended lower Wednesday as a stronger yen and falling oil prices dented investor sentiment and saw early gains revered.

The 225-issue Nikkei Stock Average dropped 218.07 points, or 1.36 percent, from Tuesday to finish the day at 15,836.36.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 14.61 points, or 1.13 percent, to end at 1,282.40.

With the exception of air transportation, and information and communication-linked issues, all industry categories on the main section retreated, with mining, oil and coal products, and insurance-linked issues comprising the most notable decliners.

The day's turnover was 3,113. 6 billion yen (27.38 billion U.S. dollars). Endit