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Tokyo stocks open mixed as fiscal year end selling offsets buying on weak yen

Xinhua, March 29, 2017 Adjust font size:

Tokyo stocks were mixed Wednesday in early trade as a weak yen versus the U.S. dollar propelled exporter-linked issues, but selling was rife by investors who have locked in gains of high yielding shares before the end of the fiscal year.

As of 9:15 a.m., the 225-issue Nikkei Stock Average added 17.92 points, or 0.09 percent, from Tuesday to 19,220.79.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 1.85 points, or 0.12 percent, at 1,542.98.

Issues that advanced after the opening bell comprised marine transportation and mining issues.

Those that lost ground in early deals were led by air transportation and construction issues. Endit