Tokyo stocks retreat in morning on strong yen, "Brexit" prospect
Xinhua, June 16, 2016 Adjust font size:
Tokyo stocks retreated Thursday morning as the yen advanced against the U.S. dollar after the U.S. Federal Reserve kept interest rates unchanged while the prospect of a "Brexit" continued to weigh on sentiment.
The 225-issue Nikkei Stock Average dropped 174.78 points, or 1.10 percent, from Wednesday to 15,744.80.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 15.44 points, or 1.21 percent, to 1,261.67.
The majority of industry categories on the main section retreated into negative territory, with notable decliners by the morning break comprising rubber products, fishery, agriculture and forestry as well as nonferrous metal-linked stocks. Endit