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Tokyo shares tumble on weak machinery orders, strong yen

Xinhua, January 16, 2017 Adjust font size:

Tokyo shares tumbled Monday on Japan's weaker-than-expected core machinery orders for November and the yen's rise against the U.S. dollar.

The 225-issue Nikkei Stock Average ended down 192.04 points, or 1.00 percent, from Friday at 19,095.24.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 14.25 points, or 0.92 percent, lower at 1,530.64.

Decliners were led by iron and steel, marine transportation and mining issues.

The day's turnover was about 1,887.2 billion yen (around 16.53 billion U.S. dollars). Endit