Tokyo stocks close lower on uncertainty as U.S. presidential election draws closer
Xinhua, November 4, 2016 Adjust font size:
Tokyo stocks finished the day lower on Friday, with the Nikkei index ending below the 17,000 line for the first time in almost two weeks, as the market mood remained cautious about the uncertainty of the outcome of next week's U.S. presidential election.
The 225-issue Nikkei Stock Average dropped 229.32 points, or 1.34 percent, from Wednesday to close the day at 16,905.36.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 21.40 points, or 1.56 percent, to finish at 1,347.04.
The majority of industry categories on the main section retreated into and ended in negative territory, with notable decliners comprising transportation equipment, insurance and marine transportation-linked stocks.
By the close of play, declining issues outpaced advancing ones by 1,512 to 395 on the First Section, and trading volume on the main section totaled 2,056.81 million shares, slightly higher than Wednesday's volume of 2,056.34 million shares.
The total turnover on the last trading day of the week was 2,356.4 billion yen (22.80 billion U.S. dollars).
Tokyo markets were closed on Thursday for a national holiday. Endit