Tokyo shares slip on yen's rise following weak U.S. data

Tokyo shares dropped Wednesday on the yen's rise following weaker-than-expected U.S. services sector data for August.

The 225-issue Nikkei Stock Average ended down 69.54 points, or 0.41 percent, from Tuesday at 17,012.44.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 3.05 points, or 0.23 percent, lower at 1,349.53.

Decliners were led by insurance, banking, and pulp and paper issues.

The day's turnover was about 2,126.7 billion yen (around 20.96 billion U.S. dollars). Endit