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Tokyo stocks drop in morning on yen's rise as investors await U.S. jobs data

Xinhua, July 8, 2016 Adjust font size:

Tokyo stocks lost ground on Friday morning as bargain-hunting was curbed by the yen's rise again the U.S. dollar, with investor consternation rising ahead of key jobs data due out from the U.S. later in the day.

The 225-issue Nikkei Stock Average lost 59.00 points, or 0.39 percent, from Thursday to 15,217.24.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 7.05 points, or 0.57 percent, to 1,219.04.

Notable issues that retreated by the morning break comprised real estate, mining, electric power and gas-linked stocks. Endit