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Tokyo stocks close down on yen's rise, geopolitical concerns

Xinhua, April 11, 2017 Adjust font size:

Tokyo stocks closed lower Tuesday as the yen's appreciation versus the U.S. dollar inhibited buying, with investors in a risk-off mood on geopolitical concerns involving the United States' recent military moves.

The 225-issue Nikkei Stock Average lost 50.01 points, or 0.27 percent, from Monday to close the day at 18,747.87.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, finished 4.55 points, or 0.30 percent, lower at 1,495.10.

Notable issues that lost ground by the close of play comprised oil and coal product, machinery and securities-linked stocks, and declining issues outnumbered advancing ones by 1,384 to 504 on the First Section.

On the main section on Tuesday trading volume came to 1,691.17 million shares, dropping from Monday's volume of 1,732.34 million.

The total turnover on the second trading day of the week was 1,863 billion yen (16.85 billion U.S. dollars). Endit