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Tokyo stocks close mixed as buying on weak yen offset by ex-dividend selling

Xinhua, March 29, 2017 Adjust font size:

Tokyo stocks closed mixed Wednesday as buying supported by a weak yen and robust U.S. consumer confidence data was counteracted by investors selling issues having locked in gains before the end of the fiscal year.

The 225-issue Nikkei Stock Average edged up 14.61 points, or 0.08 percent, from Tuesday to finish the day at 19,217.48.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, shed 2.76 points, or 0.18 percent, to close at 1,542.07.

Oil and coal product, and mining issues comprised the day's issues that advanced the most, meanwhile air transportation and construction-linked issues retreated the most.

Declining issues outpaced advancing ones by 1,158 to 716 on the First Section.

Trading volume on the main section on Wednesday came to 1,751.40 million shares, dropping from Tuesday's volume of 1,900.13 million.

Wednesday's turnover totaled 2,159 billion yen (19.42 billion U.S. dollars). Endit