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Tokyo shares lose ground in morning on Japan's weak machinery orders, yen's rise

Xinhua, January 16, 2017 Adjust font size:

Tokyo stocks fell Monday morning on Japan's weaker-than-expected core machinery orders data for November as well as the yen's rise against the U.S. dollar.

The 225-issue Nikkei Stock Average shed 175.38 points, or 0.91 percent, from Friday to 19,111.90.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 12.95 points, or 0.84 percent, to 1,531.94.

Decliners were led by iron and steel, marine transportation and real estate issues. Endit