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Tokyo stocks close lower on yen's rise, jitters ahead of key U.S. jobs data

Xinhua, July 8, 2016 Adjust font size:

Tokyo stocks ended lower on Friday, marking the fourth straight day of losses as the yen's rise against the U.S. dollar brought early bargain-hunting to an end, with sentiment becoming circumspect ahead of key U.S. jobs data due out later in the day.

The 225-issue Nikkei Stock Average dropped 169.26 points, or 1.11 percent, from Thursday to end the day at 15,106.98.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 16.21 points, or 1.32 percent, to finish at 1,209.88.

The majority of industry categories on the main section lost ground, with notable decliners comprising real estate, glass and ceramic products, electric power and gas-linked stocks.

The day's turnover on the last trading day of the week was 2,058.8 billion yen (20.47 billion U.S. dollars). Endit