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Tokyo stocks close lower as yen rises on nerves ahead of Japan-U.S. summit

Xinhua, February 9, 2017 Adjust font size:

Tokyo stocks ended lower Thursday as the yen's rise caused exporter issues to weigh on the market and uncertainty about U.S. policies ahead of a summit meeting between the leaders of the U.S. and Japan scheduled for Friday saw investors in a risk-off mood.

The 225-issue Nikkei Stock Average retreated 99.93 points, or 0.53 percent, from Wednesday to end the day at 18,907.67.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 10.60 points, or 0.70 percent to finish at 1,513.55.

Notable issues that lost ground by the close of play comprised transportation equipment, air transport and glass-related issues.

Trading volume on the main section on Thursday totaled 1,933.51 million shares, up from Wednesday's volume of 1,641.71 million shares.

Declining issues outpaced advancing ones by 1,205 to 659 on the First Section and the day's turnover was 2,245 billion yen (20.01 billion U.S. dollars). Endit