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Tokyo stocks retreat in morning as unimpressive U.S. jobs data sends yen higher

Xinhua, June 6, 2016 Adjust font size:

Tokyo stocks retreated Monday morning as investor sentiment was dashed by a less-than-stellar U.S. employment report released at the end of last week sending the yen higher versus the U.S. dollar.

The 225-issue Nikkei Stock Average dropped 189.28 points, or 1.14 percent, from Friday to 16,452.95.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 15.67 points, or 1.17 percent, to 1,321.56.

Notable decliners by the morning break comprised securities, insurance and mining-linked stocks. Endit