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Tokyo stocks close down for 6th trading day on yen's rise, jitters ahead of US jobs data

Xinhua, May 6, 2016 Adjust font size:

Tokyo stocks closed lower for the sixth trading day Friday as the yen's comparative strength against the U.S. dollar coupled with concerns about the health of the U.S. economy ahead of the release of jobs data later in the day, contributed to a circumspect mood.

The 225-issue Nikkei Stock Average dropped 40.66 points, or 0.25 percent, from Monday to close the day at 16,106.72.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 1.64 points, or 0.13 percent, to finish at 1,298.32.

Notable decliners at he close of play comprised mining, iron and steel and securities-linked shares.

The turnover on the last trading day of the week was 2,238.5 billion yen (20.90 billion U.S. dollars).

Markets in Tokyo were shut from Tuesday through to Thursday for the Golden Week string of national holidays. Endit