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Tokyo stocks drop in morning on reports of possible DPRK nuke test

Xinhua, September 9, 2016 Adjust font size:

Tokyo stocks erased earlier gains made on the yen's retreat lifting exporters as news that the Democratic People's Republic of Korea (DPRK) may have conducted a nuclear test soured the market mood.

The 225-issue Nikkei Stock Average edged down 32.52 points, or 0.19 percent, from Thursday to 16,926.25.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, slipped 4.12 points, or 0.31 percent, to 1,341.83.

Notable decliners by the morning break comprised miscellaneous product, food, and land transportation-related stocks. Endit