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Tokyo stocks retreat from the bell as firm yen hampers exporters

Xinhua, September 23, 2016 Adjust font size:

Tokyo stocks were pressured from the bell on Friday as the yen's appreciation against the U.S. dollar after the U.S. Federal Reserve opted not to hike its interest rates saw export-linked stocks loose ground.

As of 9:15 a.m., the 225-issue Nikkei Stock Average dropped 59.49 points, or 0.35 percent, from Wednesday to 16,748.13.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, declined 9.47 points, or 0.70 percent, to 1,343.20.

Issues that retreated into negative territory in early deals on the last trading day of the week, comprised transportation equipment, financial stocks and securities-linked issues.

Markets in Tokyo were closed on Thursday for a national holiday. Enditem