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Tokyo shares close lower by break on rising yen

Xinhua, August 18, 2016 Adjust font size:

okyo shares closed slightly lower Thursday morning on a stronger yen following the minutes of the U.S. Federal Reserve's July policy meeting showing that the central bank is in no hurry to raise interest rates in the near future.

The 225-issue Nikkei Stock Average shed 31.03 points, or 0.19 percent, from Wednesday to 16,714.61.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 4.98 points, or 0.38 percent, to 1,306.15.

Decliners were led by pharmaceutical, electric power and gas, and information and communication issues. Endit