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Tokyo stocks close down on concerns for U.S. economy, firm yen

Xinhua, April 6, 2017 Adjust font size:

Tokyo stocks fell Thursday, with the Nikkei stock index closing at a four-month low on concerns the U.S. Federal Reserve may reduce its balance sheet this year, with market sentiment also dented by a weak lead from Wall Street overnight and a comparatively firm yen against the dollar.

Issues that retreated the most into negative territory on Thursday comprised iron and steel, securities and marine transportation-linked issues and declining issues trounced advancing ones by 1,919 to 73 on the First Section.

On the main section trading volume came to 2,068.30 million shares, rising from Wednesday's volume of 1,892.16 million shares.

The total turnover on the penultimate trading day of the week was 2,458 billion yen (22.24 billion U.S. dollars). Endit