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Tokyo shares end lower by break on yen's appreciation

Xinhua, July 28, 2016 Adjust font size:

Tokyo shares closed the morning session lower on Thursday with yen's advance against the U.S. dollar after the U.S. Federal Reserve kept its interest rates unchanged, signaling it is in no hurry to tighten monetary policy in the near-term.

The 225-issue Nikkei Stock Average slid 114.56 points, or 0.69 percent, from Wednesday to 16,550.26.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange fell 11.31 points, or 0.86 percent, to 1,310.36.

Decliners were led by air transportation, miscellaneous product and banking issues. Endit