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Tokyo stocks drop following Wall Street's slump, markets eye BOJ policy meeting

Xinhua, January 31, 2017 Adjust font size:

Tokyo stocks dropped Tuesday morning as a poor showing on Wall Street overnight coupled with a comparatively strong yen saw investors in a circumspect mood, compounded by a wait-and-see approach ahead of the central bank's policy meeting to conclude later in day.

The 225-issue Nikkei Stock Average dropped 257.94 points, or 1.33 percent, from Monday to 19,110.91.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, fell 18.10 points, or 1.17 percent, to 1,525.67.

Notable decliners by the morning break comprised marine transportation, rubber product, and iron and steel-linked shares. Enditem