Tokyo shares close lower on rising yen
Xinhua, July 22, 2016 Adjust font size:
Tokyo shares closed lower Friday on the rising yen after chief of Japan's central bank ruled out the policy of "helicopter money" in which the central bank would directly buy national bonds from the government.
The 225-issue Nikkei Stock Average ended down 182.97 points, or 1.09 percent, from Thursday at 16,627.25.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 11.88 points, or 0.89 percent, lower at 1,327.51.
Decliners were led by marine transportation, air transportation and security issues.
The day's turnover was about 2,428.9 billion yen (around 22.95 billion U.S. dollars). Enditem